DJ Applied Materials Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Applied Materials Inc. (AMAT) slipped 1.51% to $348.47 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.11% to 6,582.69 and the Dow Jones Industrial Average falling 0.13% to 46,504.67.
The stock's fall snapped a two-day winning streak.
Applied Materials Inc. closed 11.99% below its 52-week high of $395.95, which the company reached on February 25th.
The stock underperformed when compared to some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 0.34% to $314.55, Qualcomm Inc. $(QCOM)$ fell 0.38% to $126.80, and Advanced Micro Devices Inc. $(AMD)$ rose 3.47% to $217.50.
Trading volume (4.3 M) remained 3.4 million below its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2026.
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April 02, 2026 16:31 ET (20:31 GMT)
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