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KLA Corp. Stock Underperforms Wednesday When Compared To Competitors

DowjonesNews MarketWatch ·  Oct 28, 2021 05:04

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

Shares of KLA Corp. (KLAC) slumped 0.41% to $340.57 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index  falling 0.51% to 4,551.68 and Dow Jones Industrial Average  falling 0.74% to 35,490.69. This was the stock's second consecutive day of losses. KLA Corp. closed $34.03 below its 52-week high ($374.60), which the company reached on September 17th.

The stock underperformed when compared to some of its competitors Wednesday, as ASML Holding N.V. (ASML.AE) rose 1.23% to $801.00, Applied Materials Inc. (AMAT) rose 0.12% to $132.16, and Lam Research Corp. (LRCX) rose 0.85% to $553.62. Trading volume (1.2 M) eclipsed its 50-day average volume of 944,510.

Data source: Dow Jones Market Data, FactSet. Data compiled October 27, 2021.

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