DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Applied Materials Inc. $(AMAT)$ slid 1.30% to $186.14 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.29% to 5,618.26 and Dow Jones Industrial Average falling 0.25% to 41,503.10.
Applied Materials Inc. closed $69.75 short of 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 Wednesday, as Broadcom Inc. $(AVGO)$ fell 0.49% to $161.67, Qualcomm Inc. $(QCOM)$ fell 0.24% to $168.30, and Advanced Micro Devices Inc. $(AMD)$ fell 1.68% to $148.29.
Data source: Dow Jones Market Data, FactSet. Data compiled September 18, 2024.
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September 18, 2024 16:39 ET (20:39 GMT)
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