KLA Corp. Stock Slides 5.0%, Underperforms Peers
Dow Jones2026/10/16 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of KLA Corp. slid 5.0% to $165.74 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.
This was the stock's 10th consecutive day of losses.
KLA Corp. closed 46.1% below its 52-week high of $307.37, which the company achieved on June 30th.
The stock demonstrated a mixed performance when compared to some of its peers, as Applied Materials Inc. fell 4.8% to $409.29, Analog Devices Inc. fell 2.1% to $395.44, and Marvell Technology Inc. fell 5.56% to $227.83.
Trading volume totaled 13.1 million, compared to the 50-day average of 9.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 16, 2026 16:35 ET (20:35 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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