DJ Lam Research Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lam Research Corp. $(LRCX)$ shed 1.74% to $75.26 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.39% to 5,521.52 and Dow Jones Industrial Average falling 1.30% to 40,813.57.
Lam Research Corp. closed 33.40% short of its 52-week high of $113.00, which the company reached on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Advanced Micro Devices Inc. $(AMD)$ fell 2.66% to $98.11, Applied Materials Inc. $(AMAT)$ rose 0.60% to $149.95, and Analog Devices Inc. $(ADI)$ fell 1.36% to $203.80.
Trading volume (9.5 M) remained 3.3 million below its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 13, 2025.
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(END) Dow Jones Newswires
March 13, 2025 16:39 ET (20:39 GMT)
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