DJ Applied Materials Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Applied Materials Inc. $(AMAT)$ shed 1.96% to $169.46 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 42,206.82 and the S&P 500 Index falling 0.22% to 5,967.84.
This was the stock's third consecutive day of losses.
Applied Materials Inc. closed 33.78% 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 Friday, as Broadcom Inc. $(AVGO)$ fell 0.27% to $249.99, Qualcomm Inc. $(QCOM)$ fell 1.50% to $151.32, and Advanced Micro Devices Inc. $(AMD)$ rose 1.14% to $128.24.
Trading volume (18.4 M) eclipsed its 50-day average volume of 7.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 20, 2025.
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(END) Dow Jones Newswires
June 20, 2025 16:36 ET (20:36 GMT)
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