Applied Materials (AMAT) Stock Dips While Market Gains: Key Facts

Applied Materials (AMAT) closed at $224.99 in the latest trading session, marking a -1.2% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.52%, and the Nasdaq, a tech-heavy index, added 0.52%. Coming into today, shares of the maker of chipmaking equipment had gained 20% in the past month. In that same time, the Computer and Technology sector gained 2.01%, while the S&P 500 gained 0.71%. Market participants will be closely following th ...