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Lam Research Shares Fall 4.4% in Seventh Straight Session

The semiconductor equipment maker had lost more than 10% over the previous six sessions. Quarterly results are scheduled for Oct. 21.

Silicon wafer held beside semiconductor fabrication equipment / TokenPost.ai
Silicon wafer held beside semiconductor fabrication equipment / TokenPost.ai

Lam Research shares were down 4.4% at $296.01 at 1:43 p.m. ET (17:43 UTC) Tuesday, Oct. 13, extending the semiconductor equipment maker’s decline to seven straight sessions.

The stock had declined more than 10% over the previous six sessions, adding to the latest pullback.

Lam Research supplies semiconductor wafer fabrication equipment and related services. The company is scheduled to report quarterly results on Oct. 21.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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