Applied Materials Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains

Dow Jones
05-28

DJ Applied Materials Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Applied Materials Inc. $(AMAT)$ rallied 2.74% to $161.83 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 2.05% to 5,921.54 and the Dow Jones Industrial Average rising 1.78% to 42,343.65.

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

Applied Materials Inc. closed 36.76% below its 52-week high of $255.89, which the company achieved on July 10th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Broadcom Inc. $(AVGO)$ rose 3.03% to $235.65, Qualcomm Inc. $(QCOM)$ rose 2.24% to $148.63, and Advanced Micro Devices Inc. $(AMD)$ rose 3.85% to $114.56.

Trading volume (8.4 M) eclipsed its 50-day average volume of 8.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 27, 2025.

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(END) Dow Jones Newswires

May 27, 2025 16:37 ET (20:37 GMT)

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