This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. rallied 6.1% to $1,352.45 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,902.05 and the Dow Jones Industrial Average rising 1.2% to 48,977.18.
This was the stock's second consecutive day of gains.
KLA Corp. hit a new 52-week high, surpassing its previous peak of $1,286.81, which the company achieved on December 26th.
The stock outperformed some of its peers, as Applied Materials Inc. rose 5.7% to $284.32, Analog Devices Inc. rose 1.3% to $277.29, and Marvell Technology Inc. rose 0.94% to $90.23.
Trading volume totaled 1.3 million, compared to the 50-day average of 967,768.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 05, 2026 16:34 ET (21:34 GMT)
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