Applied Materials Inc. Stock Falls 9.7%, Underperforms Market

Dow Jones04:34

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

Shares of Applied Materials Inc. slipped 9.7% to $453.01 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.6% to 7,383.74 and Dow Jones Industrial Average falling 1.3% to 50,866.78.

The stock's fall snapped a six-day winning streak.

Applied Materials Inc. closed 11.3% below its 52-week high of $510.75, which the company achieved on June 4th.

The stock demonstrated a mixed performance when compared to some of its peers, as Broadcom Inc. fell 7.9% to $385.73, Qualcomm Inc. fell 11.0% to $215.94, and Advanced Micro Devices Inc. fell 10.86% to $466.38.

Trading volume totaled 11.6 million, compared to the 50-day average of 6.8 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 05, 2026 16:34 ET (20:34 GMT)

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