Tiger Brokers

KLA Corp. Stock Advances 3.9%, Outperforms Market

Dow Jones
Aug 13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of KLA Corp. rose 3.9% to $208.25 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

This was the stock's second consecutive day of gains.

KLA Corp. closed 32.2% below its 52-week high of $307.37, which the company reached on June 30th.

The stock demonstrated a mixed performance when compared to some of its peers, as Applied Materials Inc. rose 4.3% to $548.15, Analog Devices Inc. fell 0.2% to $384.43, and Marvell Technology Inc. rose 2.25% to $217.08.

Trading volume totaled 10.6 million, compared to the 50-day average of 13.6 million.

Data source: Dow Jones Market Data, FactSet

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