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. $(LRCX)$ slipped 3.35% to $75.20 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Lam Research Corp. closed $37.80 below its 52-week high ($113.00), which the company reached on July 11th.
Trading volume (14.2 M) eclipsed its 50-day average volume of 12.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:43 ET (21:43 GMT)
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