DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Applied Materials Inc. $(AMAT)$ shed 1.46% to $448.25 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.02% to 7,520.36 and the Dow Jones Industrial Average rising 0.36% to 50,644.28.
The stock's fall snapped a four-day winning streak.
Applied Materials Inc. closed 1.87% short of its 52-week high of $456.78, which the company achieved on May 26th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 0.04% to $421.86, Qualcomm Inc. $(QCOM)$ fell 6.20% to $233.40, and Advanced Micro Devices Inc. $(AMD)$ fell 1.66% to $495.54.
Trading volume (5.0 M) remained 1.7 million below its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2026.
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(END) Dow Jones Newswires
May 27, 2026 16:33 ET (20:33 GMT)
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