DJ Applied Materials Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Applied Materials Inc. $(AMAT)$ slipped 3.53% to $496.17 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.21% to 7,707.98 and the Dow Jones Industrial Average rising 0.22% to 53,463.05.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 32.92% short of its 52-week high of $739.67, which the company achieved on June 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 4.61% to $362.48, Qualcomm Inc. $(QCOM)$ rose 1.07% to $161.91, and Advanced Micro Devices Inc. $(AMD)$ fell 3.71% to $466.42.
Trading volume (6.5 M) remained 3.6 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 19, 2026.
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