DJ Lam Research Corp. Stock Underperforms Friday When Compared To Competitors
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Lam Research Corp. $(LRCX)$ shed 9.40% to $59.09 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Lam Research Corp. closed 47.71% below its 52-week high of $113.00, which the company reached on July 11th.
The stock underperformed when compared to some of its competitors Friday, as Advanced Micro Devices Inc. $(AMD)$ fell 8.57% to $85.76, Applied Materials Inc. $(AMAT)$ fell 6.32% to $126.95, and Analog Devices Inc. $(ADI)$ fell 9.00% to $164.60.
Trading volume (26.2 M) eclipsed its 50-day average volume of 12.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 16:38 ET (20:38 GMT)
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