DJ Applied Materials Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Applied Materials Inc. $(AMAT)$ rallied 2.08% to $518.21 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.48% to 7,600.50 and the Dow Jones Industrial Average rising 1.32% to 53,178.41.
This was the stock's third consecutive day of gains.
Applied Materials Inc. closed 29.94% 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 Monday, as Broadcom Inc. $(AVGO)$ rose 0.76% to $392.23, Qualcomm Inc. $(QCOM)$ rose 2.68% to $151.57, and Advanced Micro Devices Inc. $(AMD)$ rose 1.78% to $484.64.
Trading volume (5.9 M) remained 4.2 million below its 50-day average volume of 10.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2026.