DJ Lam Research Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Lam Research Corp. $(LRCX)$ shed 1.78% to $82.79 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
Lam Research Corp. closed 26.73% 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. $(AMD)$ fell 1.28% to $112.06, Applied Materials Inc. $(AMAT)$ fell 2.11% to $162.23, and Analog Devices Inc. $(ADI)$ fell 1.01% to $222.22.
Trading volume (8.1 M) remained 4.4 million below its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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(END) Dow Jones Newswires
May 21, 2025 16:38 ET (20:38 GMT)
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