KLA Corp. Shares Reach Highest Level Since October 2024

KLA Corp. shares experienced a significant rise on Monday, marking the largest intraday increase since September 26, 2024. The stock price climbed by as much as 6.1%, reaching $696.87. This is a level not seen since October 29, 2024.

Earlier on Monday, the shares had already risen by 6.1% and were testing a potential resistance level around $697. This level had been a significant low point for the company's stock in September 2024. Over the past year, KLA Corp.'s stock has seen a considerable increase. Compared to the last closing before Monday's trading session, the company's shares have risen by 21% in the last 12 months.