Published on 25 Nov 2021 on Market Watch
KLA Corp. stock outperforms market on strong trading day
Shares of KLA Corp. inched 0.32% higher to $413.30 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.23% to 4,701.46 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. This was the stock's second consecutive day of gains. KLA Corp. closed $13.94 short of its 52-week high ($427.24), which the company achieved on November 22nd.
The stock outperformed some of its competitors Wednesday, as ASML Holding N.V. fell 0.63% to $802.39, Applied Materials Inc. rose 0.22% to $149.01, and Lam Research Corp. fell 0.08% to $660.79. Trading volume (723,467) remained 408,100 below its 50-day average volume of 1.1 M.