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Stock impact report

This Isn’t the Earnings Season Stock Bulls Wanted [Bloomberg Business News]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
An April that many investors hoped would end two months of indecision in the stock market is not quite living up to billing. While benchmark indexes eked out another week of gains, below the surface, frustration was the rule. Reactions to earnings results are muted -- the average stock is flat the day after reporting. Megacap tech companies are soaring, but makers of semiconductors and household goods have stumbled. It’s not that companies aren’t beating estimates. Most are, by the widest margins in years. It’s that the market has been slow to reward them -- and quick to punish those that fall short. “As we get further into the bull market cycle, U.S. companies have to try harder and harder to make investors happy, and that’s tough,” said Frank Ingarra, the head trader at NorthCoast Asset Management LLC. “Investors set their bars really high.” Earnings season was supposed to clear the decks, be a respite from concerns that drove stocks down in February Show less Read more
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