DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Applied Materials Inc. (AMAT) shed 1.24% to $369.34 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.54% to 6,591.90 and the Dow Jones Industrial Average rising 0.66% to 46,429.49.
The stock's fall snapped a two-day winning streak.
Applied Materials Inc. closed 6.72% short of its 52-week high of $395.95, which the company reached on February 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ rose 0.16% to $318.81, Qualcomm Inc. $(QCOM)$ rose 1.31% to $130.35, and Advanced Micro Devices Inc. $(AMD)$ rose 7.26% to $220.27.
Trading volume (5.0 M) remained 2.9 million below its 50-day average volume of 7.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 25, 2026.
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March 25, 2026 16:33 ET (20:33 GMT)
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