This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. slid 5.9% to $381.11 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,138.80 and Dow Jones Industrial Average falling 0.1% to 49,141.93.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 9.4% below its 52-week high of $420.50, which the company achieved on April 24th.
The stock underperformed when compared to some of its peers, as Broadcom Inc. fell 4.4% to $399.83, Qualcomm Inc. fell 0.2% to $150.00, and Advanced Micro Devices Inc. fell 3.41% to $323.21.
Trading volume totaled 10.2 million, compared to the 50-day average of 6.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 28, 2026 16:34 ET (20:34 GMT)
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