Applied Materials Inc. Stock Rallies 4.8%, Outperforms Market

Dow Jones04-11

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Applied Materials Inc. rallied 4.8% to $144.94 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.8% to 5,363.36 and the Dow Jones Industrial Average rising 1.6% to 40,212.71.

Applied Materials Inc. closed 43.4% below its 52-week high of $255.89, which the company achieved on July 10th.

The stock demonstrated a mixed performance when compared to some of its competitors, as Broadcom Inc. rose 5.6% to $181.94, Qualcomm Inc. rose 3.6% to $139.25, and Advanced Micro Devices Inc. rose 5.30% to $93.40.

Trading volume totaled 10.5 million, compared to the 50-day average of 8.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 11, 2025 16:34 ET (20:34 GMT)

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