This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. advanced 5.3% to $62.20 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.2% to 5,062.25 and Dow Jones Industrial Average falling 0.9% to 37,965.60.
The stock's rise snapped a two-day losing streak.
Lam Research Corp. closed 45.0% below its 52-week high of $113.00, which the company achieved on July 11th.
The stock outperformed some of its competitors, as Advanced Micro Devices Inc. fell 2.5% to $83.64, Applied Materials Inc. rose 4.6% to $132.85, and Analog Devices Inc. rose 4.09% to $171.34.
Trading volume totaled 28.2 million, compared to the 50-day average of 13.1 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 07, 2025 16:34 ET (20:34 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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