Applied Materials Inc. Stock Slips 7.1%, Underperforms Peers
Dow Jones2026/09/14 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. slipped 7.1% to $424.21 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.5% to 7,619.98 and Dow Jones Industrial Average falling 0.3% to 52,421.20.
Applied Materials Inc. closed 42.6% below its 52-week high of $739.67, which the company achieved on June 30th.
The stock underperformed when compared to some of its peers, as Broadcom Inc. fell 4.8% to $344.72, Qualcomm Inc. fell 1.0% to $180.15, and Advanced Micro Devices Inc. fell 4.40% to $493.41.
Trading volume totaled 7.9 million, compared to the 50-day average of 7.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 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.
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