DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Applied Materials Inc. (AMAT) slipped 3.28% to $369.40 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.58% to 7,688.62 and the Dow Jones Industrial Average rising 3.03% to 53,356.12.
Applied Materials Inc. closed 50.06% short of its 52-week high of $739.67, which the company reached on June 30th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. (AVGO) fell 2.00% to $325.48, Qualcomm Inc. (QCOM) rose 5.33% to $173.19, and Advanced Micro Devices Inc. (AMD) rose 1.01% to $488.78.
Trading volume (7.9 M) eclipsed its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2026.
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