Lam Research (NASDAQ:LRCX) Shares Up 3.6% on Earnings Beat

Lam Research (NASDAQ:LRCX) Shares Up 3.6% on Earnings Beat

Shares of Lam Research Corporation (NASDAQ:LRCX – Get Free Report) shot up 3.6% during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The company traded as high as $251.38 and last traded at $248.17. 16,549,562 shares changed hands during trading, an increase of 19% from the average session volume of 13,952,390 shares. The stock had previously closed at $239.58. The semiconductor company reported…

Lam Research (NASDAQ:LRCX) Shares Up 3.6% After Earnings Beat

Lam Research Corporation (NASDAQ:LRCX – Get Free Report)’s share price traded up 3.6% during mid-day trading on Thursday following a better than expected earnings announcement. The company traded as high as $251.38 and last traded at $248.17. 16,549,562 shares were traded during trading, an increase of 19% from the average session volume of 13,952,390 shares. […]