DJ Lam Research Corp. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Lam Research Corp. (LRCX) rose 1.72% to $99.83 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.07% to 6,225.52 and Dow Jones Industrial Average falling 0.37% to 44,240.76.
The stock's rise snapped a two-day losing streak.
Lam Research Corp. closed 11.65% below its 52-week high of $113.00, which the company reached on July 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Advanced Micro Devices Inc. (AMD) rose 2.24% to $137.82, Applied Materials Inc. $(AMAT.UK)$ rose 2.21% to $194.99, and Analog Devices Inc. $(ADI.AU)$ rose 1.38% to $245.15.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2025.
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(END) Dow Jones Newswires
July 08, 2025 16:38 ET (20:38 GMT)
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