This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. tumbled 11.8% to $266.19 on what proved to be an all-around rough trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 52,305.24 and the S&P 500 Index falling 0.2% to 7,483.23.
The stock's fall snapped a two-day winning streak.
KLA Corp. closed 13.4% below its 52-week high of $307.37, which the company reached on June 30th.
The stock underperformed when compared to some of its peers, as Applied Materials Inc. fell 10.0% to $650.91, Analog Devices Inc. fell 2.1% to $388.98, and Marvell Technology Inc. fell 8.67% to $272.05.
Trading volume totaled 24.0 million, compared to the 50-day average of 12.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 01, 2026 16:33 ET (20:33 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.