Tiger Brokers

KLA Corp. Stock Advances 4.7%, Outperforms Market

Dow Jones
2 hours ago

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

Shares of KLA Corp. advanced 4.7% to $176.99 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,650.50 and the Dow Jones Industrial Average falling 0.2% to 51,682.64.

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

KLA Corp. closed 42.4% 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 6.5% to $444.57, Analog Devices Inc. rose 3.6% to $375.72, and Marvell Technology Inc. rose 1.45% to $244.25.

Trading volume totaled 20.0 million, compared to the 50-day average of 10.4 million.

Data source: Dow Jones Market Data, FactSet

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