Published on 3 Dec 2021 on Market Watch
Shares of Applied Materials Inc. slid 3.42% to $146.49 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.42% to 4,577.10 and the Dow Jones Industrial Average rising 1.82% to 34,639.79. Applied Materials Inc. closed $12.51 short of 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 Thursday, as ASML Holding N.V. fell 1.82% to $789.38, Lam Research Corp. fell 4.62% to $661.52, and Synopsys Inc. rose 4.46% to $349.67. Trading volume (9.5 M) eclipsed its 50-day average volume of 7.1 M.