KLA Corp. Stock Slides 5.0%, Underperforms Peers

Dow Jones10-17 04:35

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

Shares of KLA Corp. slid 5.0% to $165.74 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

This was the stock's 10th consecutive day of losses.

KLA Corp. closed 46.1% below its 52-week high of $307.37, which the company achieved on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as Applied Materials Inc. fell 4.8% to $409.29, Analog Devices Inc. fell 2.1% to $395.44, and Marvell Technology Inc. fell 5.56% to $227.83.

Trading volume totaled 13.1 million, compared to the 50-day average of 9.4 million.

Data source: Dow Jones Market Data, FactSet

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