This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. slid 4.0% to $80.79 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,911.69 and the Dow Jones Industrial Average rising 0.1% to 42,270.07.
The stock's fall snapped a three-day winning streak.
Lam Research Corp. closed 28.5% 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 2.0% to $110.73, Applied Materials Inc. fell 1.7% to $156.75, and Analog Devices Inc. fell 0.82% to $213.98.
Trading volume totaled 18.6 million, compared to the 50-day average of 12.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 30, 2025 16:34 ET (20:34 GMT)
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