Published on 1 Dec 2021 on Market Watch
Applied Materials Inc. stock rises Wednesday, outperforms market
Shares of Applied Materials Inc. advanced 3.04% to $151.67 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.18% to 4,513.04 and Dow Jones Industrial Average falling 1.34% to 34,022.04. Applied Materials Inc. closed $7.33 short of its 52-week high ($159.00), which the company reached on November 16th.
The stock outperformed some of its competitors Wednesday, as ASML Holding N.V. rose 1.58% to $804.00, Lam Research Corp. rose 2.01% to $693.53, and Synopsys Inc. fell 1.83% to $334.75. Trading volume (14.3 M) eclipsed its 50-day average volume of 7.1 M.