DJ Lam Research Corp. Stock Rises Tuesday, Still Underperforms Market
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Shares of Lam Research Corp. $(LRCX)$ rose 1.75% to $63.48 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.51% to 5,287.76 and the Dow Jones Industrial Average rising 2.66% to 39,186.98.
The stock's rise snapped a three-day losing streak.
Lam Research Corp. closed 43.82% below its 52-week high of $113.00, which the company reached on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Advanced Micro Devices Inc. $(AMD)$ rose 0.82% to $86.26, Applied Materials Inc. $(AMAT)$ rose 2.03% to $138.30, and Analog Devices Inc. $(ADI)$ rose 2.01% to $178.50.
Trading volume (10.3 M) remained 3.4 million below its 50-day average volume of 13.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2025.
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(END) Dow Jones Newswires
April 22, 2025 16:41 ET (20:41 GMT)
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