DJ Lam Research Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Lam Research Corp. $(LRCX)$ inched 0.81% higher to $71.79 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a three-day losing streak.
Lam Research Corp. closed $41.21 below its 52-week high ($113.00), which the company achieved on July 11th.
Trading volume (29.3 M) eclipsed its 50-day average volume of 12.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 16:43 ET (21:43 GMT)
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