DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. (AMAT) rose 2.15% to $303.99 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.23% to 6,798.40 and Dow Jones Industrial Average falling 1.20% to 48,908.72.
The stock's rise snapped a two-day losing streak.
Applied Materials Inc. closed 11.78% short of its 52-week high of $344.60, which the company reached on January 29th.
The stock outperformed some of its competitors Thursday, as Broadcom Inc. $(AVGO)$ rose 0.80% to $310.51, Qualcomm Inc. $(QCOM)$ fell 8.46% to $136.30, and Advanced Micro Devices Inc. $(AMD)$ fell 3.84% to $192.50.
Trading volume (8.4 M) eclipsed its 50-day average volume of 7.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 5, 2026.
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February 05, 2026 16:34 ET (21:34 GMT)
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