AMAT Applied Materials Inc

Applied Materials, Inc. (AMAT) is currently at $37.33, up $3.02, or 8.79%

-- Would be highest close since Dec. 3, 2018, when it closed at $38.34

-- On pace for largest percent increase since May 20, 2016, when it rose 13.81%

-- Three large semiconductor companies announced earnings beats after the market closed Wednesday; those earnings beats helped other chip companies in late trading Wednesday and seem to have carried over into Thursday

-- Snaps a two-day losing streak

-- Up 14% month-to-date; on pace for best month since September 2017 when it rose 15.45%

-- Up 28.75% from its 52-week closing low of $28.99 on Dec. 24, 2018

-- Traded as high as $37.92; highest intraday level since Dec. 4, 2018, when it hit $38.06

-- Up 10.51% at Thursday's intraday high; largest intraday percent increase since May 20, 2016, when it rose as much as 14.4%

-- Third-best performer in the S&P 500 Thursday

-- Third-best performer in the Nasdaq 100 Thursday

-- Seventh-most active stock in the Nasdaq 100 Thursday

All data as of 1:28 p.m. EST

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 24, 2019 14:00 ET (19:00 GMT)

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