KLA Corp. Stock Slides 4.5%, Underperforms Peers
Dow Jones2026/08/28 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. shed 4.5% to $175.54 on what proved to be an all-around poor trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&P 500 Index falling 0.2% to 7,711.76.
This was the stock's second consecutive day of losses.
KLA Corp. closed 42.9% below its 52-week high of $307.37, which the company reached on June 30th.
The stock demonstrated a mixed performance when compared to some of its peers, as Applied Materials Inc. fell 4.3% to $461.67, Analog Devices Inc. fell 3.4% to $361.78, and Marvell Technology Inc. fell 10.28% to $216.62.
Trading volume totaled 9.9 million, compared to the 50-day average of 12.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 28, 2026 16:34 ET (20:34 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.
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