DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Applied Materials Inc. $(AMAT)$ advanced 3.33% to $175.75 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 5,948.71 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
This was the stock's second consecutive day of gains.
Applied Materials Inc. closed $80.14 below its 52-week high ($255.89), which the company reached on July 10th.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 0.42% to $163.94, Qualcomm Inc. $(QCOM)$ rose 0.77% to $155.46, and Advanced Micro Devices Inc. $(AMD)$ fell 0.08% to $137.49.
Trading volume (8.9 M) eclipsed its 50-day average volume of 6.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
November 21, 2024 16:40 ET (21:40 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.