Applied Materials Inc. Stock Rises 11.2%, Outperforms Peers

Dow Jones06-12 04:33

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

Shares of Applied Materials Inc. climbed 11.2% to $552.64 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 7,394.30 and the Dow Jones Industrial Average rising 1.9% to 50,848.75.

Applied Materials Inc. hit a new 52-week high, surpassing its previous peak of $534.44, which the company achieved on June 10th.

The stock outperformed some of its peers, as Broadcom Inc. rose 3.6% to $385.57, Qualcomm Inc. rose 6.2% to $202.96, and Advanced Micro Devices Inc. rose 7.97% to $488.45.

Trading volume totaled 12.2 million, compared to the 50-day average of 7.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 11, 2026 16:33 ET (20:33 GMT)

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