Why Lam Research Stock Crumbled by 3% Today
A pundit tracking the stock is anticipating slowdowns in both a crucial product category and an important geographic region.Some recent research on semiconductor manufacturing company Lam Research's (LRCX -3.16%) stock was discouraging for the market on Tuesday. The holiday-shortened week began with a 3% decline in the company's share price that session, a notably more pronounced slide than the S&P 500 index's 0.7% dip. An analyst goes bearishOn Labor Day, analyst Shane Brett of white-shoe investment bank M ...