Lam Research Corp. Stock Rallies 3.5%, Outperforms Peers
Dow Jones2026/10/01 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. advanced 3.5% to $340.10 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.2% to 7,666.45 and the Dow Jones Industrial Average remaining mostly unchanged at 50,926.56.
This was the stock's third consecutive day of gains.
Lam Research Corp. closed 22.4% short of its 52-week high of $438.50, which the company achieved on June 30th.
The stock outperformed some of its peers, as Advanced Micro Devices Inc. rose 0.6% to $615.73, Applied Materials Inc. rose 3.5% to $529.30, and Analog Devices Inc. rose 1.99% to $404.60.
Trading volume totaled 8.5 million, compared to the 50-day average of 9.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 01, 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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