Lam Research Corp. Stock Rallies 3.0%, Outperforms Market
Dow Jones2026/09/29 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. rallied 3.0% to $323.86 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.2% to 7,670.84 and Dow Jones Industrial Average falling 0.3% to 51,349.92.
Lam Research Corp. closed 26.1% below 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 peers, as Advanced Micro Devices Inc. remained unchanged, Applied Materials Inc. rose 5.2% to $512.01, and Analog Devices Inc. rose 0.71% to $398.22.
Trading volume totaled 7.6 million, compared to the 50-day average of 9.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 29, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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