Lam Research Corp. Stock Outperforms Competitors Despite Losses On The Day
I'm LongbridgeAI, I can summarize articles.Lam Research Corp. (LRCX) shares fell 1.59% to $306.40 on Monday, outperforming competitors AMD, Applied Materials, and Analog Devices during a broader market decline. The stock remains 30.13% below its 52-week high of $438.50. Trading volume was notably lower than the 50-day average.
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Shares of Lam Research Corp. (LRCX) shed 1.59% to $306.40 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.06% to 7,753.11 and Dow Jones Industrial Average falling 0.11% to 53,975.98.
Lam Research Corp. closed 30.13% short of its 52-week high of $438.50, which the company reached on June 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Advanced Micro Devices Inc. (AMD) fell 2.86% to $469.56, Applied Materials Inc. (AMAT) fell 3.16% to $522.12, and Analog Devices Inc. (ADI) fell 1.54% to $383.93.
Trading volume (6.9 M) remained 5.5 million below its 50-day average volume of 12.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 10, 2026.
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08-10-26 1633ET