KLA Corp. stock rises Monday, outperforms market

KLA Corp. stock rises Monday, outperforms market

Shares of KLA Corp. KLAC, +1.59% rallied 1.59% to $325.21 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.18% rising 0.18% to 4,255.15 and the Dow Jones Industrial Average DJIA, -0.25% falling 0.25% to 34,393.75. This was the stock’s fourth consecutive day of gains. KLA Corp. closed $34.48 below its 52-week high ($359.69), which the company reached on April 5th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as ASML Holding N.V. ASML, +1.76% rose 1.76% to $709.33, Applied Materials Inc. AMAT, +1.62% rose 1.62% to $139.03, and Lam Research Corp. LRCX, +1.27% rose 1.27% to $650.24. Trading volume (632,428) remained 557,134 below its 50-day average volume of 1.2 M.

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