shares of applied materials inc amat shed 310 to 11624 monday on what proved to be an allaround dismal trading session for the stock market with the sp 500 index spx falling 169 to 441253 and dow jones industrial average djia falling 119 to 3430808 this was the stocks second consecutive day of losses applied materials inc closed 5082 below its 52week high 16706 which the company achieved on january 14th the stock demonstrated a mixed performance when compared to some of its competitors monday