Lam Research Corp. Stock Rises 7.0%, Outperforms Peers

Dow Jones09-19 04:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Lam Research Corp. rose 7.0% to $288.11 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,650.50 and the Dow Jones Industrial Average falling 0.2% to 51,682.64.

This was the stock's second consecutive day of gains.

Lam Research Corp. closed 34.3% below its 52-week high of $438.50, which the company achieved on June 30th.

The stock outperformed some of its peers, as Advanced Micro Devices Inc. rose 2.7% to $559.82, Applied Materials Inc. rose 6.5% to $444.57, and Analog Devices Inc. rose 3.60% to $375.72.

Trading volume totaled 19.2 million, compared to the 50-day average of 9.5 million.

Data source: Dow Jones Market Data, FactSet

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