DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Applied Materials Inc. $(AMAT)$ rose 1.33% to $163.59 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a two-day losing streak.
Applied Materials Inc. closed $92.30 below its 52-week high ($255.89), which the company achieved on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 1.13% to $220.79, Qualcomm Inc. $(QCOM)$ rose 1.66% to $152.89, and Advanced Micro Devices Inc. $(AMD)$ rose 0.28% to $119.21.
Trading volume (15.0 M) eclipsed its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
December 20, 2024 16:41 ET (21:41 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments