DJ Lam Research Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lam Research Corp. $(LRCX)$ slid 1.97% to $76.14 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.12% to 5,712.20 and Dow Jones Industrial Average falling 0.31% to 42,454.79.
This was the stock's second consecutive day of losses.
Lam Research Corp. closed 32.62% 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 Wednesday, as Advanced Micro Devices Inc. $(AMD)$ fell 4.02% to $110.19, Applied Materials Inc. $(AMAT)$ fell 1.93% to $150.68, and Analog Devices Inc. $(ADI)$ fell 1.43% to $210.53.
Trading volume (7.3 M) remained 5.7 million below its 50-day average volume of 13.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 26, 2025.
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(END) Dow Jones Newswires
March 26, 2025 16:38 ET (20:38 GMT)
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