Why Is Lam Research (LRCX) Up 9.1% Since Last Earnings Report?
LRCXLam Research(LRCX) Zacks Investment Research·2024-02-24 01:35

A month has gone by since the last earnings report for Lam Research (LRCX) . Shares have added about 9.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Lam Research due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Lam Research Q2 Earnings & Revenues Beat, Declin ...