Lam Research Corp. Stock Sheds 5.6%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Lam Research Corp. slid 5.6% to $298.01 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.6% to 7,591.70 and Dow Jones Industrial Average falling 0.6% to 52,064.10.

This was the stock's second consecutive day of losses.

Lam Research Corp. closed 32.0% short of its 52-week high of $438.50, which the company achieved on June 30th.

The stock underperformed when compared to some of its peers, as Advanced Micro Devices Inc. fell 3.4% to $503.60, Applied Materials Inc. fell 3.2% to $454.01, and Analog Devices Inc. fell 1.05% to $361.25.

Trading volume totaled 9.8 million, compared to the 50-day average of 10.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 10, 2026 16:34 ET (20:34 GMT)