Lam Research (LRCX) Stock Sinks As Market Gains: Here's Why
LRCXLam Research(LRCX) ZACKS·2024-09-17 06:57

Lam Research (LRCX) closed the most recent trading day at $758.47, moving -1.46% from the previous trading session. This move lagged the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.52%.Shares of the semiconductor equipment maker witnessed a loss of 11.64% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 1.56% and the S&P 500's gain of 3.67%.Market participants will be closely following the financia ...