DJ Lam Research Corp. Stock Falls Wednesday, Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Lam Research Corp. $(LRCX)$ shed 5.19% to $909.87 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.31% to 5,427.13 and Dow Jones Industrial Average falling 1.25% to 39,853.87.
This was the stock's second consecutive day of losses.
Lam Research Corp. closed $220.13 below its 52-week high ($1,130.00), which the company reached on July 11th.
Trading volume (1.2 M) eclipsed its 50-day average volume of 956,235.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2024.
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(END) Dow Jones Newswires
July 24, 2024 16:41 ET (20:41 GMT)
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