Lam Research Corp. Stock Sheds 5.2%, Underperforms Peers

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

Shares of Lam Research Corp. slipped 5.2% to $301.90 on what proved to be an all-around rough trading session for the stock market, with the Dow Jones Industrial Average remaining mostly unchanged at 53,559.99 and the S&P 500 Index falling 0.2% to 7,711.76.

Lam Research Corp. closed 31.2% 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 2.3% to $465.58, Applied Materials Inc. fell 4.3% to $461.67, and Analog Devices Inc. fell 3.40% to $361.78.

Trading volume totaled 8.0 million, compared to the 50-day average of 11.4 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 28, 2026 16:33 ET (20:33 GMT)