DJ Lam Research Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Lam Research Corp. $(LRCX)$ rose 1.70% to $83.73 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.67% to 6,066.44 and the Dow Jones Industrial Average rising 0.38% to 44,470.41.
Lam Research Corp. closed 25.90% 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. $(AMD)$ rose 2.71% to $110.48, Applied Materials Inc. $(AMAT)$ rose 2.03% to $183.66, and Analog Devices Inc. $(ADI)$ fell 0.17% to $204.86.
Data source: Dow Jones Market Data, FactSet. Data compiled February 10, 2025.
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(END) Dow Jones Newswires
February 10, 2025 16:39 ET (21:39 GMT)
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