Shares of KLA Corp. KLAC, -7.15% shed 7.15% to $296.26 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +1.06% rising 1.06% to 3,825.33 and the Dow Jones Industrial Average DJIA, +1.05% rising 1.05% to 31,097.26. This was the stock’s fifth consecutive day of losses. KLA Corp. closed $160.86 short of its 52-week high ($457.12), which the company achieved on January 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as ASML Holding N.V. ASML, -5.47% fell 5.47% to $449.83, Applied Materials Inc. AMAT, -5.18% fell 5.18% to $86.27, and Lam Research Corp. LRCX, -7.35% fell 7.35% to $394.83. Trading volume (2.3 M) eclipsed its 50-day average volume of 1.4 M.
