This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Lam Research Corp. rose 4.7% to $326.11 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.
This was the stock's second consecutive day of gains.
Lam Research Corp. closed 25.6% below its 52-week high of $438.50, which the company reached on June 30th.
The stock outperformed some of its peers, as Advanced Micro Devices Inc. rose 1.8% to $482.93, Applied Materials Inc. rose 4.3% to $548.15, and Analog Devices Inc. fell 0.23% to $384.43.
Trading volume totaled 7.4 million, compared to the 50-day average of 12.3 million.
Data source: Dow Jones Market Data, FactSet