Published on 4 Dec 2021 on Market Watch
KLA Corp. stock outperforms competitors despite losses on the day
Shares of KLA Corp. slumped 0.46% to $400.68 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.84% to 4,538.43 and Dow Jones Industrial Average falling 0.17% to 34,580.08. This was the stock's second consecutive day of losses. KLA Corp. closed $27.54 below its 52-week high ($428.22), which the company achieved on December 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as ASML Holding N.V. fell 2.26% to $771.52, Applied Materials Inc. fell 0.45% to $145.83, and Lam Research Corp. fell 0.01% to $661.47. Trading volume (1.3 M) eclipsed its 50-day average volume of 1.1 M.