DJ Lam Research Corp. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Lam Research Corp. $(LRCX)$ slid 2.30% to $289.24 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.11% to 49,760.56 and the S&P 500 Index falling 0.16% to 7,400.96.
The stock's fall snapped a two-day winning streak.
Lam Research Corp. closed 3.59% short of its 52-week high of $300.00, which the company reached on May 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Advanced Micro Devices Inc. $(AMD)$ fell 2.29% to $448.29, Applied Materials Inc. $(AMAT)$ fell 2.80% to $431.20, and Analog Devices Inc. $(ADI)$ fell 0.73% to $419.65.
Trading volume (8.5 M) remained 1.6 million below its 50-day average volume of 10.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2026.
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(END) Dow Jones Newswires
May 12, 2026 16:31 ET (20:31 GMT)
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