DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. (AMAT) rose 5.78% to $341.79 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.91% to 6,528.52 and the Dow Jones Industrial Average rising 2.49% to 46,341.51.
The stock's rise snapped a four-day losing streak.
Applied Materials Inc. closed 13.68% below its 52-week high of $395.95, which the company reached on February 25th.
The stock outperformed some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ rose 5.49% to $309.51, Qualcomm Inc. $(QCOM)$ rose 1.35% to $128.78, and Advanced Micro Devices Inc. $(AMD)$ rose 3.77% to $203.43.
Trading volume (8.2 M) eclipsed its 50-day average volume of 7.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 31, 2026.
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(END) Dow Jones Newswires
March 31, 2026 16:33 ET (20:33 GMT)
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