This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. slipped 6.6% to $73.81 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.7% to 5,614.56 and Dow Jones Industrial Average falling 2.1% to 41,911.71.
Lam Research Corp. closed 34.7% below its 52-week high of $113.00, which the company achieved on July 11th.
The stock underperformed when compared to some of its competitors, as Advanced Micro Devices Inc. fell 3.7% to $96.63, Applied Materials Inc. fell 3.7% to $149.99, and Analog Devices Inc. fell 4.25% to $216.26.
Trading volume totaled 16.4 million, compared to the 50-day average of 12.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 10, 2025 16:35 ET (20:35 GMT)
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