DJ Lam Research Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Lam Research Corp. $(LRCX)$ shed 3.14% to $60.25 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.57% to 4,982.77 and Dow Jones Industrial Average falling 0.84% to 37,645.59.
Lam Research Corp. closed 46.68% 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 Tuesday, as Advanced Micro Devices Inc. $(AMD)$ fell 6.49% to $78.21, Applied Materials Inc. $(AMAT)$ fell 2.93% to $128.96, and Analog Devices Inc. $(ADI)$ fell 3.06% to $166.09.
Trading volume (19.5 M) eclipsed its 50-day average volume of 13.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 8, 2025.
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(END) Dow Jones Newswires
April 08, 2025 16:40 ET (20:40 GMT)
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