Thursday, June 07, 2018 12:43:45 PM
This morning, leading semiconductor equipment maker, Lam Research (NASDAQ:LRCX) is getting hammered to the downside after an analyst issued a cautious view on shipments. The stock is trading lower by $11.82 to $187.79 a share. At this point in time, LRCX stock is testing its important 50-week moving average. This moving average has been very important for LCRX stock. The last three times the 50-week moving average has been tested it has held as major support. Should this key support level fail, then traders must look down to the $174.00 area for institutional sponsorship in LRCX stock. This level was where LRCX broke out in February 2018. Some other important stocks that are declining in sympathy to LRCX today include, Applied Materials Inc (AMAT:NASDAQ), and KLA-Tencor Corp (KLAC:NASDAQ).
Nicholas Santiago
InTheMoneyStocks
Recent LRCX News
- Lam Research Honors Global Suppliers with 2024 Excellence Awards • PR Newswire (US) • 09/23/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/18/2024 08:04:36 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 09:24:35 PM
- Lam Research Corporation Announces Participation at Upcoming Conference • PR Newswire (US) • 09/04/2024 08:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/30/2024 08:09:16 PM
- Lam Research Appoints Ita Brennan and Mark Fields to Board of Directors • PR Newswire (US) • 08/30/2024 08:05:00 PM
- Lam Research Corporation Announces a 15% Increase in Quarterly Dividend • PR Newswire (US) • 08/29/2024 08:05:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 08/29/2024 06:10:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/06/2024 03:36:49 PM
- Lam Research Introduces Lam Cryo™ 3.0 Cryogenic Etch Technology to Accelerate Scaling of 3D NAND for the AI Era • PR Newswire (US) • 07/31/2024 08:16:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:09:20 PM
- Lam Research Corporation Reports Financial Results for the Quarter Ended June 30, 2024 • PR Newswire (US) • 07/31/2024 08:05:00 PM
- US Index Futures Up Ahead of Fed Decision; Oil Prices Surge Amid Middle East Tensions • IH Market News • 07/31/2024 10:01:30 AM
- Lam Research Appoints Ava Harter as Chief Legal Officer • PR Newswire (US) • 07/16/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/15/2024 08:40:51 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/12/2024 03:33:34 PM
- Lam Research Corporation Announces June 2024 Quarter Financial Conference Call • PR Newswire (US) • 07/10/2024 08:05:00 PM
- Lam Research Highlights its Progress to Create a Better World Through Semiconductor Innovation in 2023 ESG Report • PR Newswire (US) • 06/27/2024 01:00:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 08:03:48 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 11:30:11 AM
- Lam Research Corporation Announces $10 Billion Share Repurchase Authorization and a 10-for-1 Stock Split • PR Newswire (US) • 05/21/2024 11:05:00 AM
- Lam Research Corporation Declares Quarterly Dividend • PR Newswire (US) • 05/16/2024 08:05:00 PM
- Lam Research Corporation Announces Participation at Upcoming Conferences • PR Newswire (US) • 05/15/2024 08:05:00 PM
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