Applied Materials Inc. (AMAT) Surges to 37th in Trading Volume Despite Stock Price Decline

Generated by AI AgentAinvest Volume Radar
Friday, May 30, 2025 8:50 pm ET1min read

On May 30, 2025,

Inc. (AMAT) saw a significant increase in trading volume, with a total of 23.84 billion shares traded, marking a 116.92% rise from the previous day. This surge placed at the 37th position in terms of trading volume for the day. However, the stock price experienced a decline, falling by 1.71% over the past three days, with a cumulative drop of 3.14%.

Applied Materials Inc. (AMAT) experienced a decline in its stock price on May 30, 2025, with shares falling to an intraday low of $153.70 before recovering slightly to $154.05. This price drop comes after the stock reached a 52-week high of $255.89 and a 52-week low of $123.74. The trading volume for the day was 3,901,013 shares, which is 46.2% of the average daily volume of 8,437,362 shares.

Analysts have provided a range of price targets for AMAT, with an average target price of $197.47. This target suggests a potential upside of 28.19% from the current price of $154.05. The consensus recommendation from brokerage firms indicates an "Outperform" status for AMAT, with a rating scale ranging from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell. The current average brokerage recommendation is 2.1, suggesting a positive outlook for the stock.

Despite beating earnings forecasts, shares of Applied Materials Inc. (AMAT) dropped nearly 7% in after-hours trading. This decline was attributed to investors' reactions to lower operating income and profit margins, which impacted the overall market sentiment towards the stock. The company's performance in balancing risk and reward has been noted as worse than 79% of other stocks, indicating a need for improvement in its market positioning.

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