Shares of KLA Corporation (NASDAQ:KLAC) traded today at $371.50, eclipsing its 52-week high. Approximately 135,000 shares have changed hands today, as compared to an average 30-day volume of 916,000 shares.
KLA designs and manufactures yield-management and process-monitoring diagnostic and control systems for the semiconductor industry. The systems are used to analyze the manufacturing process at various steps in a product’s development. The firm’s laser-scanning products are used for wafer qualification, process monitoring, and equipment monitoring. KLA also provides inspection tools and systems for optical metrology and e-beam metrology.
KLA Corporation has overhead space with shares priced $365.36, or 0.7% below the average consensus analyst price target of $367.95.
KLA Corporation share prices have moved between a 52-week high of $371.50 and a 52-week low of $174.70 and are now trading 109% above that low price at $365.36 per share.
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