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-0.000571297989031079 -0.00333638025594145 -0.00539305301645341 -0.00534734917733097 -0.00699268738574041 -0.00699268738574041 -0.00699268738574041 -0.00699268738574041
Stock impact report

Why Lam Research (LRCX) Shares Are Trading Lower Today [Yahoo! Finance]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Yahoo! Finance
memory and storage stocks was triggered by fears that geopolitical conflict in the Middle East could cause a major energy price shock. The catalyst originated from South Korea, where fears over the Iran conflict reignited concerns about surging liquefied natural gas (LNG) prices. As one of the world's largest LNG importers, the country's semiconductor fabs, which are key customers for Lam Research, faced concerns about rising operating costs. This was reflected in the market, as shares of memory makers SK Hynix and Samsung dropped significantly. The pressure was part of a broader market decline, with the S&P 500 and Nasdaq both falling around 2%. The sell-off in the tech sector was driven by a general move away from risk amid the geopolitical jitters and rising oil prices that stoked inflation worries. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Lam Research? Access our full analysis r Show less Read more
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