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Shares of Applied Materials Inc. rose 7.4% to $564.55 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.9% to 7,509.20 and the Dow Jones Industrial Average rising 0.7% to 52,224.64.

The stock's rise snapped a four-day losing streak.

Applied Materials Inc. closed 23.7% short of its 52-week high of $739.67, which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as Broadcom Inc. rose 2.2% to $386.50, Qualcomm Inc. rose 1.9% to $173.50, and Advanced Micro Devices Inc. rose 8.11% to $544.43.

Trading volume totaled 7.6 million, compared to the 50-day average of 10.3 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 21, 2026 16:34 ET (20:34 GMT)

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