Lam Research Corp. Stock Falls Wednesday, Underperforms Market

Dow Jones07-25

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.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 24, 2024 16:41 ET (20:41 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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