Here's Why KLA (KLAC) Fell More Than Broader Market

KLA (KLAC) closed at $700 in the latest trading session, marking a -0.79% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.33%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq depreciated by 0.53%.The maker of equipment for manufacturing semiconductors's stock has dropped by 4.47% in the past month, exceeding the Computer and Technology sector's loss of 7.14% and lagging the S&P 500's loss of 4.03%.The upcoming earnings release of KLA will b ...