DJ Lam Research Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Lam Research Corp. $(LRCX)$ rose 1.30% to $73.78 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.67% to 5,670.97 and the Dow Jones Industrial Average rising 0.56% to 42,225.32.
This was the stock's third consecutive day of gains.
Lam Research Corp. closed 34.71% below 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 Wednesday, as Advanced Micro Devices Inc. $(AMD)$ rose 0.18% to $102.96, Applied Materials Inc. $(AMAT)$ rose 1.43% to $147.75, and Analog Devices Inc. $(ADI)$ rose 0.21% to $199.59.
Trading volume (7.6 M) remained 5.2 million below its 50-day average volume of 12.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 2, 2025.
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(END) Dow Jones Newswires
April 02, 2025 16:39 ET (20:39 GMT)
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