DJ Applied Materials Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Applied Materials Inc. $(AMAT)$ dropped 0.47% to $187.58 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.13% to 5,633.09 and the Dow Jones Industrial Average rising 0.55% to 41,622.08.
Applied Materials Inc. closed $68.31 below its 52-week high ($255.89), which the company achieved on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ fell 2.19% to $164.02, Qualcomm Inc. $(QCOM)$ fell 0.67% to $166.61, and Advanced Micro Devices Inc. $(AMD)$ fell 0.15% to $152.08.
Trading volume (5.9 M) remained 1.1 million below its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2024.
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September 16, 2024 16:39 ET (20:39 GMT)
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