DJ Lam Research Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Lam Research Corp. $(LRCX)$ advanced 3.89% to $74.52 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.47% to 5,686.67 and the Dow Jones Industrial Average rising 1.39% to 41,317.43.
This was the stock's third consecutive day of gains.
Lam Research Corp. closed 34.05% short of 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 Friday, as Advanced Micro Devices Inc. $(AMD)$ rose 2.22% to $98.80, Applied Materials Inc. $(AMAT)$ rose 4.12% to $155.10, and Analog Devices Inc. $(ADI)$ rose 2.50% to $198.59.
Trading volume (13.3 M) remained 630,593 below its 50-day average volume of 14.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2025.
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May 02, 2025 16:40 ET (20:40 GMT)
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