DJ Lam Research Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lam Research Corp. $(LRCX)$ slid 1.25% to $75.78 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.
Lam Research Corp. closed 32.94% short of its 52-week high of $113.00, which the company achieved on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Advanced Micro Devices Inc. $(AMD)$ fell 1.63% to $98.23, Applied Materials Inc. $(AMAT)$ fell 3.76% to $152.13, and Analog Devices Inc. $(ADI)$ fell 0.67% to $228.53.
Trading volume (14.7 M) eclipsed its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.
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(END) Dow Jones Newswires
March 03, 2025 16:39 ET (21:39 GMT)
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