KLA stock sinks 5% in late-day slide; analysts lift targets ahead of Jan. 29 results
New York, Jan 20, 2026, 19:13 EST — After-hours KLA Corp (KLAC.O) shares dropped 5.2% on Tuesday, then held steady in after-hours trading. The sharp decline put the chip-equipment maker behind some of its industry rivals. (MarketWatch) KLA’s stock had been hitting new highs only days ago, making this drop significant as the company gears up to report quarterly results next week. In semiconductors, a slip this close to earnings can quickly shift investor positioning. (MarketWatch) KLA, a major player in process-control equipment used to inspect and measure chips in production, is closely watched as a gauge of customer demand