DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. $(AMAT)$ rose 3.25% to $417.04 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.80% to 7,165.08 and the Dow Jones Industrial Average falling 0.16% to 49,230.71.
This was the stock's fourth consecutive day of gains.
Applied Materials Inc. hit a new 52-week high, surpassing its previous peak of $413.82, which the company achieved on April 23rd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 0.67% to $422.76, Qualcomm Inc. $(QCOM)$ rose 11.12% to $148.85, and Advanced Micro Devices Inc. $(AMD)$ rose 13.91% to $347.81.
Trading volume (6.1 M) remained 647,008 below its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 24, 2026.
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(END) Dow Jones Newswires
April 24, 2026 16:33 ET (20:33 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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