Published on 30 Nov 2021 on Market Watch
Shares of Applied Materials Inc. shed 2.66% to $147.19 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.90% to 4,567.00 and Dow Jones Industrial Average falling 1.86% to 34,483.72. Applied Materials Inc. closed $11.81 below its 52-week high ($159.00), which the company achieved on November 16th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as ASML Holding N.V. fell 2.88% to $791.51, Lam Research Corp. fell 0.10% to $679.85, and Synopsys Inc. fell 4.18% to $341.00. Trading volume (13.0 M) eclipsed its 50-day average volume of 6.8 M.