KLA Corp. Stock Climbs 9.3%, Outperforms Market

Dow Jones11-10

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

Shares of KLA Corp. rallied 9.3% to $151.38 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.3% to 7,549.94 and the Dow Jones Industrial Average rising 2.2% to 52,389.75.

This was the stock's second consecutive day of gains.

KLA Corp. closed 50.8% below 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. rose 11.4% to $370.55, Analog Devices Inc. rose 8.6% to $394.66, and Marvell Technology Inc. rose 9.49% to $154.60.

Trading volume totaled 21.2 million, compared to the 50-day average of 11.2 million.

Data source: Dow Jones Market Data, FactSet

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