This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. shed 4.8% to $284.72 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.2% to 7,408.50 and Dow Jones Industrial Average falling 1.1% to 49,526.17.
The stock's fall snapped a two-day winning streak.
Lam Research Corp. closed 5.7% below its 52-week high of $302.00, which the company reached on May 14th.
The stock demonstrated a mixed performance when compared to some of its peers, as Advanced Micro Devices Inc. fell 5.7% to $424.10, Applied Materials Inc. fell 0.9% to $436.62, and Analog Devices Inc. fell 2.18% to $417.49.
Trading volume totaled 9.5 million, compared to the 50-day average of 10.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 15, 2026 16:35 ET (20:35 GMT)
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