DJ Lam Research Corp. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Lam Research Corp. $(LRCX)$ advanced 1.09% to $71.67 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.15% to 5,569.06 and the Dow Jones Industrial Average rising 0.35% to 40,669.36.
Lam Research Corp. closed 36.58% 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 Wednesday, as Advanced Micro Devices Inc. $(AMD)$ rose 1.34% to $97.35, Applied Materials Inc. $(AMAT)$ rose 0.78% to $150.71, and Analog Devices Inc. $(ADI)$ rose 1.17% to $194.92.
Trading volume (11.2 M) remained 2.9 million below its 50-day average volume of 14.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 30, 2025.
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(END) Dow Jones Newswires
April 30, 2025 16:40 ET (20:40 GMT)
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