Applied Materials Stock: 9 Straight Red Days, Down 25%
Shares of Applied Materials (AMAT) have closed lower in each of the last 9 sessions, a cumulative decline of 24.5%. That erased about $105.6 billion from the company's market value, which now stands at about $325.0 billion. The stock closed at $409.29 on Friday, October 16, 43.3% below its 52-week high of $722.23 and 86.
Shares of Applied Materials (AMAT) have closed lower in each of the last 9 sessions, a cumulative decline of 24.5%. That erased about $105.6 billion from the company's market value, which now stands at about $325.0 billion. The stock closed at $409.29 on Friday, October 16, 43.3% below its 52-week high of $722.23 and 86.
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