KLA Corp. Stock Sheds 10.8%, Underperforms Peers
Dow Jones2026/07/29 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. tumbled 10.8% to $170.19 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.5% to 7,316.15 and Dow Jones Industrial Average falling 2.2% to 51,594.14.
This was the stock's fourth consecutive day of losses.
KLA Corp. closed 44.6% below its 52-week high of $307.37, which the company achieved on June 30th.
The stock underperformed when compared to some of its peers, as Applied Materials Inc. fell 8.4% to $436.45, Analog Devices Inc. fell 3.4% to $353.37, and Marvell Technology Inc. fell 6.34% to $163.40.
Trading volume totaled 20.2 million, compared to the 50-day average of 13.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 29, 2026 16:33 ET (20:33 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.
You may also like
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Dogecoin ETF Closure Sets October Exit for Bitwise BWOW Holders
Crypto prices
More
