This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. rallied 8.5% to $760.47 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 3.3% to 5,844.19 and the Dow Jones Industrial Average rising 2.8% to 42,410.10.
KLA Corp. closed 15.2% short of its 52-week high of $896.32, which the company reached on July 11th.
The stock outperformed some of its competitors, as Applied Materials Inc. rose 8.0% to $167.99, Analog Devices Inc. rose 7.5% to $223.15, and Marvell Technology Inc. rose 8.13% to $64.50.
Trading volume totaled 2.1 million, compared to the 50-day average of 1.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 12, 2025 16:35 ET (20:35 GMT)
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