Applied Materials Inc. Stock Slips 6.7%, Underperforms Peers
Dow Jones2026/10/13 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. slipped 6.7% to $464.24 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,805.45 and the Dow Jones Industrial Average falling 0.3% to 51,670.10.
This was the stock's sixth consecutive day of losses.
Applied Materials Inc. closed 37.2% short of 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. rose 0.7% to $357.31, Qualcomm Inc. rose 1.4% to $176.86, and Advanced Micro Devices Inc. rose 1.90% to $605.53.
Trading volume totaled 10.7 million, compared to the 50-day average of 6.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 13, 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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