Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
KLA Corp. Stock Sheds 10.8%, Underperforms Peers

KLA Corp. Stock Sheds 10.8%, Underperforms Peers

Dow JonesDow Jones2026/07/29 20:33

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

Shares of KLA Corp. tumbled 10.8% to $170.19 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.5% to 7,316.15 and Dow Jones Industrial Average falling 2.2% to 51,594.14.

This was the stock's fourth consecutive day of losses.

KLA Corp. closed 44.6% below its 52-week high of $307.37, which the company achieved on June 30th.

The stock underperformed when compared to some of its peers, as Applied Materials Inc. fell 8.4% to $436.45, Analog Devices Inc. fell 3.4% to $353.37, and Marvell Technology Inc. fell 6.34% to $163.40.

Trading volume totaled 20.2 million, compared to the 50-day average of 13.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 29, 2026 16:33 ET (20:33 GMT)

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!