Lam Research (LRCX) Suffers a Larger Drop Than the General Market: Key Insights

Lam Research (LRCX) closed the most recent trading day at $910.09, moving -1.68% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.65% for the day. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq depreciated by 0.96%.Heading into today, shares of the semiconductor equipment maker had gained 1.3% over the past month, lagging the Computer and Technology sector's gain of 2.19% and the S&P 500's gain of 3.27% in that time.Market partici ...