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Entegris Inc   (NASDAQ: ENTG)
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 ENTG $73.1700 $0.7400 1.02%

 Volume (M): 2,327   Open : 72.22    52 Wk Avg :  106.33


Entegris Inc ENTG OHLC Open High Low Closing Chart




  What happened with Entegris Inc's Stock

'Report on Entegris Inc Shares Performance in September 2024'

In September 2024, Entegris Inc's shares exhibited a notable fluctuation, ultimately concluding the month with a slight decrease of 0.99%, dropping from $113.64 to $112.53. Throughout this period, the performance of Entegris Inc's shares was relatively resilient compared to the broader market, which saw an average increase of 3.78% within the same timeframe. This discrepancy highlights both the volatility and the challenges faced by Entegris amidst a changing economic landscape.

The month began on a challenging note, as shares suffered their most significant decline on September 3, with a drop of 6.52%, effectively hitting their lowest point at $103.83 on September 10. This downward trend raised concerns among investors but was subsequently countered by a brief recovery later in the month. Entegris shares reached an interim high of $117.88 on September 26, demonstrating the potential for recovery and investor interest after an initial downturn.

However, September 19 marked a critical low with another drop of 6.52%, reflecting ongoing volatility. This performance mirrors broader trends in the Chemicals - Plastics and Rubber industry, which experienced an average gain of 6.92% during the same month. While Entegris faced hurdles, the share performance indicated a market characterized by uncertainty and rapid shifts, underscoring the need for strategic adaptation by the company to align with industry trends and enhance shareholder value.

Despite the challenges, Entegris Inc's capacity to reach a high point showcases the potential for recovery and an optimistic outlook as market conditions stabilize. Nevertheless, ongoing vigilance will be necessary to navigate the fluctuations within the industry and maintain investor confidence.

Report:'

In July 2024, Entegris Inc. shares experienced significant volatility, ultimately closing the month with a commendable increase of 9.69%, rising from $134.48 to $118.29. This upward trajectory reflects better-than-average performance against market trends, leading to a 3.51% gain during the same period. Throughout July, the stock reached a peak of $147.57 on July 12, showcasing investor optimism fueled by the company's strong fundamentals and market positioning in the semiconductor and high-technology industries.

However, this uptrend was met with sharp declines on two notable occasions. The most severe drop occurred on July 17, when Entegris shares plummeted by 8.65%. This decrease correlated with the announcement of a quarterly cash dividend of $0.10 per share, scheduled for distribution on August 21, 2024. Despite the positive news of capital return to shareholders, the market reacted negatively, potentially reflecting concerns over profitability or market dynamics. Following closely, on July 18, shares fell further by 2.56% as the market digested the implications of the dividend announcement.

The latter part of the month saw the stock reaching its lowest point at $106.44 on July 31, indicative of continued investor caution amidst fluctuating market conditions. Comparatively, the Chemicals - Plastics and Rubber industry, of which Entegris is a part, saw modest gains of 0.51% in the same timeframe. Overall, despite moments of rapid decline, Entegris Inc.'s resilience and commitment to shareholder value demonstrate a complex interplay of market sentiment and corporate strategy. The company continues to maintain a strong position, being only 1.7% away from its 52-week high of $146.91, alongside a notable 112.45% increase year-over-year.

Report on Entegris Inc's Shares Performance in June 2024

Entegris Inc's stock witnessed a significant increase of 7.38% during the month of June 2024, rising from $129.05 to $135.4. This positive trend indicates a strong performance by the company's shares in the given period.

Compared to the overall market, Entegris Inc shares outperformed with a 3.35% increase during the same month. This indicates that the company's stock performed better than the market average.

The shares of Entegris Inc reached their highest point in June 2024 on the 12th, reaching a price of $139.81. This peak demonstrates the confidence and interest investors had in the company's performance during that period.

However, it is worth noting that on June 3rd, the shares reached their lowest point of $123.62 for the month. This dip indicates a fluctuation in the market sentiment towards Entegris Inc's stock.

On June 26th, there was a slight decrease of -0.97% in Entegris Inc's stock price. This drop can be attributed to the news of their partnership with the Biden Administration for $75 million CHIPS Act funding, aimed at supporting the U.S. semiconductor industry. This reaction highlights the market's response to such news and suggests that investors may have had concerns or reservations about the implications of this collaboration.

During the same period, other shares in the Chemicals - Plastics and Rubber industry were down by an average of -7.43%. Additionally, the shares in the Basic Materials sector experienced a slight decline of -0.55% on average. These trends indicate that while Entegris Inc performed relatively well, there were some challenges faced by the broader industry.

Overall, Entegris Inc experienced a positive growth trajectory in June 2024, outperforming both the market and its industry counterparts. However, the market's reaction to the news of their collaboration with the Biden Administration highlights the need for investors to carefully analyze the potential impact of external factors on a company's stock performance.





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