Applied Materials Inc. Stock Advances 5.1%, Outperforms Peers
Dow Jones2026/10/28 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Applied Materials Inc. rallied 5.1% to $416.00 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,743.98 and the Dow Jones Industrial Average rising 0.2% to 52,475.10.
This was the stock's fourth consecutive day of gains.
Applied Materials Inc. closed 43.8% 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 2.8% to $351.81, Qualcomm Inc. fell 0.7% to $182.97, and Advanced Micro Devices Inc. rose 3.24% to $578.44.
Trading volume totaled 7.0 million, compared to the 50-day average of 6.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 28, 2026 16:34 ET (20:34 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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