DJ Lam Research Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Lam Research Corp. $(LRCX)$ advanced 7.43% to $80.73 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
This was the stock's second consecutive day of gains.
Lam Research Corp. closed 28.56% below its 52-week high of $113.00, which the company reached on July 11th.
The stock outperformed some of its competitors Thursday, as Advanced Micro Devices Inc. $(AMD)$ rose 1.29% to $118.86, Applied Materials Inc. $(AMAT)$ rose 3.67% to $181.72, and Analog Devices Inc. $(ADI)$ rose 1.19% to $212.40.
Trading volume (24.7 M) eclipsed its 50-day average volume of 11.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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January 30, 2025 16:30 ET (21:30 GMT)
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