Applied Materials is trading at $516.02, down -3.60% in pre-market, as investors reassess strong fiscal third-quarter results and an upbeat fourth-quarter forecast amid elevated expectations.
- Reuters reported shares fell more than 5% in extended trading despite guidance above expectations.
- Investors remain concerned about intensifying competition and the pace of future growth.
- The previous session closed at $535.31, up 5.55%; no separate major August 18, 2026 company announcement was identified.