This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. shed 5.3% to $165.57 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 5,958.38 and the Dow Jones Industrial Average rising 0.8% to 42,654.74.
The stock's fall snapped a four-day winning streak.
Applied Materials Inc. closed 35.3% below its 52-week high of $255.89, which the company achieved on July 10th.
The stock underperformed when compared to some of its competitors, as Broadcom Inc. fell 1.7% to $228.61, Qualcomm Inc. fell 0.1% to $152.50, and Advanced Micro Devices Inc. rose 1.90% to $117.17.
Trading volume totaled 16.4 million, compared to the 50-day average of 8.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 16, 2025 16:33 ET (20:33 GMT)
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