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Applied Materials Shares Rise More Than 11% to $370.55 Monday

The chip-equipment maker had gained 4% Friday, extending a rebound into a second session.

A silicon wafer catches a sharp beam beside a rising steel plane / TokenPost.ai
A silicon wafer catches a sharp beam beside a rising steel plane / TokenPost.ai

Applied Materials shares rose more than 11% Monday, closing at $370.55 after a $37.84 advance, as the chip-equipment maker extended gains from Friday’s session, when shares rose 4%.

Applied Materials was up more than 3% by 11:09 a.m. ET (16:09 UTC) Tuesday, Nov. 3, in a market snapshot of semiconductor shares. That was an intraday reading, not a closing gain.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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