DJ Applied Materials Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Applied Materials Inc. $(AMAT)$ slid 3.19% to $560.93 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.51% to 7,533.77 and Dow Jones Industrial Average falling 0.20% to 52,552.97.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 24.16% below its 52-week high of $739.67, which the company reached on June 30th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ fell 5.03% to $374.45, Qualcomm Inc. $(QCOM)$ fell 4.14% to $170.61, and Advanced Micro Devices Inc. $(AMD)$ fell 5.33% to $500.94.
Trading volume (8.3 M) remained 1.8 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 16, 2026.
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(END) Dow Jones Newswires
July 16, 2026 16:32 ET (20:32 GMT)
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