DJ Lam Research Corp. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Lam Research Corp. $(LRCX)$ rallied 2.26% to $88.30 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.09% to 6,005.88 and the Dow Jones Industrial Average remaining mostly unchanged at 42,761.76.
This was the stock's sixth consecutive day of gains.
Lam Research Corp. closed 21.86% 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 Monday, as Advanced Micro Devices Inc. $(AMD)$ rose 4.77% to $121.73, Applied Materials Inc. $(AMAT)$ rose 1.83% to $169.79, and Analog Devices Inc. $(ADI)$ rose 2.43% to $227.66.
Trading volume (8.7 M) remained 3.6 million below its 50-day average volume of 12.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2025.
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June 09, 2025 16:37 ET (20:37 GMT)
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