DJ Applied Materials Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Applied Materials Inc. (AMAT) slid 1.81% to $520.65 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.22% to 7,801.77 and Dow Jones Industrial Average falling 0.66% to 51,179.87.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 29.61% short of its 52-week high of $739.67, which the company achieved on June 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Broadcom Inc. (AVGO) rose 0.19% to $376.51, Qualcomm Inc. (QCOM) fell 2.16% to $177.12, and Advanced Micro Devices Inc. (AMD) fell 0.55% to $645.86.
Trading volume (3.7 M) remained 3.2 million below its 50-day average volume of 6.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 7, 2026.