DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. (AMAT) rallied 3.98% to $472.79 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.58% to 7,673.52 and Dow Jones Industrial Average falling 1.18% to 52,786.07.
This was the stock's second consecutive day of gains.
Applied Materials Inc. closed 36.08% short of its 52-week high of $739.67, which the company reached on June 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Broadcom Inc. (AVGO) rose 2.98% to $368.56, Qualcomm Inc. (QCOM) rose 3.17% to $174.09, and Advanced Micro Devices Inc. (AMD) rose 5.90% to $505.74.
Trading volume (6.3 M) remained 2.5 million below its 50-day average volume of 8.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 8, 2026.