DJ KLA Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of KLA Corp. $(KLAC)$ rallied 2.20% to $694.35 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.43% to 5,631.28 and the Dow Jones Industrial Average rising 0.70% to 41,113.97.
The stock's rise snapped a two-day losing streak.
KLA Corp. closed 22.53% short of its 52-week high of $896.32, which the company achieved on July 11th.
The stock outperformed some of its competitors Wednesday, as Applied Materials Inc. $(AMAT)$ rose 1.82% to $155.81, Analog Devices Inc. $(ADI)$ rose 2.18% to $199.86, and Marvell Technology Inc. $(MRVL)$ fell 8.02% to $56.31.
Trading volume (896,195) remained 345,547 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 7, 2025.
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(END) Dow Jones Newswires
May 07, 2025 16:41 ET (20:41 GMT)
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