Lam Research (LRCX) has seen its stock price climb 22.7% year to date, underperforming the industry’s growth of 28.1% while outperforming the S&P 500 index’s rise of 17.1%.The LRCX stock is currently trading below its 50-day moving average, indicating a bearish trend. A challenging global macroeconomic environment due to rising geo-political tensions and persistent inflation are major concerns for the leading global supplier of innovative wafer fabrication equipment.LRCX Trading Below 50-Day SMA Image Sourc ...