Shares of KLA Corp. KLAC, -0.32% slipped 0.32% to $388.03 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.69% rising 0.69% to 4,546.54 and the Dow Jones Industrial Average DJIA, +0.78% rising 0.78% to 35,405.24. The stock’s fall snapped a two-day winning streak. KLA Corp. closed $69.09 below its 52-week high ($457.12), which the company achieved on January 13th.
The stock underperformed when compared to some of its competitors Tuesday, as ASML Holding N.V. ASML, +0.63% rose 0.63% to $681.48, Applied Materials Inc. AMAT, +0.31% rose 0.31% to $138.61, and Lam Research Corp. LRCX, -0.08% fell 0.08% to $589.47. Trading volume (1.3 M) remained 111,544 below its 50-day average volume of 1.5 M.