DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Applied Materials Inc. (AMAT) shed 1.29% to $292.20 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.34% to 6,920.93 and Dow Jones Industrial Average falling 0.94% to 48,996.08.
The stock's fall snapped a three-day winning streak.
Applied Materials Inc. closed 2.02% short of its 52-week high of $298.22, which the company reached on January 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. $(AVGO)$ fell 0.08% to $343.50, Qualcomm Inc. $(QCOM)$ fell 1.24% to $180.19, and Advanced Micro Devices Inc. $(AMD)$ fell 2.02% to $210.02.
Data source: Dow Jones Market Data, FactSet. Data compiled January 7, 2026.
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January 07, 2026 16:33 ET (21:33 GMT)
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