Lam Research Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Lam Research Corp. (LRCX) fell 1.50% to $171.18 on Wednesday, marking its third consecutive day of losses. The stock is now 4.79% below its 52-week high of $179.80. In comparison, competitors like Advanced Micro Devices Inc. (AMD), Applied Materials Inc. (AMAT), and Analog Devices Inc. (ADI) also experienced declines. The overall market was down, with the S&P 500 Index falling 0.74% and the Dow Jones Industrial Average down 0.63%. Trading volume was significantly below average at 4.9 million shares.
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