Published on 29 Nov 2021 on Market Watch
Shares of KLA Corp. rose 3.73% to $413.84 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.32% to 4,655.27 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. KLA Corp. closed $13.40 short of its 52-week high ($427.24), which the company achieved on November 22nd.
The stock underperformed when compared to some of its competitors Monday, as ASML Holding N.V. rose 4.22% to $815.01, Applied Materials Inc. rose 5.53% to $151.22, and Lam Research Corp. rose 6.01% to $680.54. Trading volume (1.1 M) eclipsed its 50-day average volume of 1.0 M.