KLA Drops After Hitting Record Ahead of 10-for-1 Split
KLA Corp. shares closed Friday at $1,921.71, up 1.8% for the week but 6.7% below Wednesday’s record. A 10-for-1 stock split is set, with split-adjusted trading to begin June 12. Fiscal Q3 revenue reached $3.415 billion and GAAP diluted earnings were $9.12 per share. KLA cited ongoing U.S. export restrictions to China as a risk.