This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. rallied 4.6% to $132.85 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.2% to 5,062.25 and Dow Jones Industrial Average falling 0.9% to 37,965.60.
The stock's rise snapped a two-day losing streak.
Applied Materials Inc. closed 48.1% below its 52-week high of $255.89, which the company reached on July 10th.
The stock demonstrated a mixed performance when compared to some of its competitors, as Broadcom Inc. rose 5.4% to $154.14, Qualcomm Inc. rose 1.8% to $129.72, and Advanced Micro Devices Inc. fell 2.47% to $83.64.
Trading volume totaled 18.8 million, compared to the 50-day average of 7.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 07, 2025 16:35 ET (20:35 GMT)
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