This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. rallied 7.3% to $185.60 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,718.60 and Dow Jones Industrial Average falling 0.5% to 53,414.25.
This was the stock's third consecutive day of gains.
KLA Corp. closed 39.6% below its 52-week high of $307.37, which the company reached on June 30th.
The stock outperformed some of its peers, as Applied Materials Inc. rose 4.3% to $454.71, Analog Devices Inc. rose 1.6% to $362.25, and Marvell Technology Inc. rose 7.05% to $223.55.
Trading volume totaled 12.7 million, compared to the 50-day average of 11.8 million.
Data source: Dow Jones Market Data, FactSet