Applied Materials stock wobbles again after chip selloff; traders watch next week’s exec talks
Applied Materials shares fell 0.5% to $373.7 in late morning New York trade Friday, after a 4.87% drop Thursday. The stock has swung sharply this week, tracking volatility in chip equipment names after a recent rally near its 52-week high of $395.95. Management is scheduled to appear at investor conferences March 2 and March 10, with the annual meeting set for March 12.