Applied Materials Inc. Stock Rallies 5.2%, Outperforms Peers
Dow Jones2026/09/29 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. rallied 5.2% to $512.01 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,670.84 and Dow Jones Industrial Average falling 0.3% to 51,349.92.
This was the stock's third consecutive day of gains.
Applied Materials Inc. closed 30.8% short of its 52-week high of $739.67, which the company reached on June 30th.
The stock outperformed some of its peers, as Broadcom Inc. rose 1.6% to $355.10, Qualcomm Inc. fell 1.8% to $184.10, and Advanced Micro Devices Inc. remained unchanged.
Trading volume totaled 7.1 million, compared to the 50-day average of 7.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 29, 2026 16:33 ET (20:33 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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