DJ Applied Materials Inc. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Applied Materials Inc. (AMAT) advanced 2.03% to $540.04 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.73% to 7,722.72 and the Dow Jones Industrial Average rising 0.49% to 51,176.96.
This was the stock's second consecutive day of gains.
Applied Materials Inc. closed 26.99% below its 52-week high of $739.67, which the company reached on June 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Broadcom Inc. (AVGO) rose 3.35% to $355.14, Qualcomm Inc. (QCOM) rose 1.53% to $184.87, and Advanced Micro Devices Inc. (AMD) rose 2.95% to $633.91.
Trading volume (5.7 M) remained 1.3 million below its 50-day average volume of 7.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 2, 2026.