Applied Materials, Inc. (AMAT) has been a major focus of attention in recent times. The company's stock short interest leaped by 17.7% in August. Meanwhile, it was identified by
BlackRock as a vital AI stock despite its recent underperformance. Notably, the company outshined earnings and revenue estimates in its Q3 2024 report. The company's shares surged 2.7% following the announcement of a cash dividend. Nevertheless, Quest Partners LLC reduced its position in the company. AMAT continues to allure investors with its growth potential, and Vest Financial LLC boosted its position in the company. However, to the surprise of many market watchers, StockNews.com downgraded AMAT to hold. AMAT's recent performance in the market has continued to captivate a lot of attention, yet there has been a slip in the market context. The company is currently under
DOJ scrutiny, with a fresh subpoena concerning its China customer shipments. Despite mixed analyst reviews and market performance, AMAT remains a frequently watched and heavily searched stock.
Federated Hermes Inc. has a substantial $57.86 million position in the company showing strong institutional backing.
Applied Materials AMAT News Analytics from Wed, 27 Mar 2024 07:00:00 GMT to Sun, 15 Sep 2024 18:23:50 GMT -
Rating -3
- Innovation 4
- Information 6
- Rumor -1
