KLA Corp. Stock Sheds 5.3%, Underperforms Peers

Dow Jones04:35

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

Shares of KLA Corp. slipped 5.3% to $194.79 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.

KLA Corp. closed 36.6% short of its 52-week high of $307.37, which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as Applied Materials Inc. fell 3.9% to $514.33, Analog Devices Inc. fell 3.5% to $376.63, and Marvell Technology Inc. fell 7.82% to $216.00.

Trading volume totaled 13.3 million, compared to the 50-day average of 13.7 million.

Data source: Dow Jones Market Data, FactSet

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