Applied Materials Inc. Stock Sheds 5.1%, Underperforms Market
Dow Jones2026/08/14 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. slipped 5.1% to $507.18 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,785.76 and Dow Jones Industrial Average falling 0.2% to 53,732.41.
This was the stock's second consecutive day of losses.
Applied Materials Inc. closed 31.4% below its 52-week high of $739.67, which the company achieved on June 30th.
The stock demonstrated a mixed performance when compared to some of its peers, as Broadcom Inc. fell 5.9% to $392.99, Qualcomm Inc. rose 0.6% to $165.79, and Advanced Micro Devices Inc. rose 6.50% to $514.39.
Trading volume totaled 12.5 million, compared to the 50-day average of 10.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 14, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
