DJ Applied Materials Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Applied Materials Inc. $(AMAT)$ rose 1.80% to $458.17 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.26% to 7,599.96 and the Dow Jones Industrial Average rising 0.09% to 51,078.88.
This was the stock's third consecutive day of gains.
Applied Materials Inc. closed 0.91% short of its 52-week high of $462.40, which the company reached on May 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Broadcom Inc. $(AVGO)$ rose 2.95% to $459.97, Qualcomm Inc. $(QCOM)$ fell 8.78% to $228.99, and Advanced Micro Devices Inc. $(AMD)$ fell 1.16% to $510.13.
Trading volume (6.0 M) remained 827,619 below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2026.
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(END) Dow Jones Newswires
June 01, 2026 16:33 ET (20:33 GMT)
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