DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Applied Materials Inc. $(AMAT)$ shed 2.11% to $162.23 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 36.60% below its 52-week high of $255.89, which the company reached on July 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 0.84% to $229.73, Qualcomm Inc. $(QCOM)$ fell 1.63% to $151.31, and Advanced Micro Devices Inc. $(AMD)$ fell 1.28% to $112.06.
Trading volume (5.6 M) remained 2.5 million below its 50-day average volume of 8.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 16:36 ET (20:36 GMT)
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