Lam Research Corp. Stock Underperforms Monday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Lam Research Corp. (LRCX) shares fell 2.91% to $309.56 on Monday, marking its sixth consecutive day of losses and underperforming competitors like AMD and Applied Materials. The stock is now 29.40% below its 52-week high. Trading volume was lower than the 50-day average.
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Shares of Lam Research Corp. (LRCX) slid 2.91% to $309.56 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.38% to 51,850.55 and the S&P 500 Index falling 0.06% to 7,807.24.
This was the stock's sixth consecutive day of losses.
Lam Research Corp. closed 29.40% below its 52-week high of $438.50, which the company reached on June 30th.
The stock underperformed when compared to some of its competitors Monday, as Advanced Micro Devices Inc. (AMD) fell 2.28% to $594.24, Applied Materials Inc. (AMAT) fell 1.87% to $497.53, and Analog Devices Inc. (ADI) rose 0.01% to $406.25.
Trading volume (6.1 M) remained 2.5 million below its 50-day average volume of 8.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 12, 2026.
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10-12-26 1631ET