DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. $(AMAT)$ rose 2.87% to $188.47 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.54% to 5,626.02 and the Dow Jones Industrial Average rising 0.72% to 41,393.78.
Applied Materials Inc. closed $67.42 below its 52-week high ($255.89), which the company reached on July 10th.
The stock outperformed some of its competitors Friday, as Broadcom Inc. $(AVGO)$ rose 1.90% to $167.69, Qualcomm Inc. $(QCOM)$ rose 1.67% to $167.73, and Advanced Micro Devices Inc. $(AMD)$ rose 1.02% to $152.31.
Trading volume (4.8 M) remained 2.1 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 13, 2024.
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September 13, 2024 16:39 ET (20:39 GMT)
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