# Lam Research Shares Climb for Four Sessions but Remain Below 50-Day Average

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55488
Published: 2026-11-12T14:16:52.000Z
Updated: 2026-11-12T14:16:52.000Z
Section: Investing

> The stock closed at $235.88 on Nov. 11 after a 16.36% drop on Nov. 5; a Nov. 12 technical calculation put it above its 20-day average and below its 50-day average.

Lam Research (LRCX) shares closed at $235.88 on Nov. 11 after four consecutive sessions of gains, recovering from a steep Nov. 5 selloff while remaining below the 50-day moving average.

Shares fell 16.36% to $185.20 on Nov. 5, then closed higher in each of the next four trading sessions. The Nov. 11 close was up 6.07% for the day and was recorded at 4 p.m. ET (2100 UTC).

Technical readings dated Nov. 12 put the 20-day simple moving average at $227.50 and the 50-day average at $273.28. The stock’s Nov. 11 close was above the shorter-period average and below the longer-period one. These levels are technical calculations, not company-reported financial measures.

Lam reported $8.219 billion in revenue for the quarter ended Sept. 27, up 22% sequentially. U.S. GAAP diluted earnings per share was $2.19, up 21% sequentially. Non-GAAP diluted earnings per share was $2.20, also up 21% sequentially. Lam supplies wafer-fabrication equipment and services to the semiconductor industry.

The company’s board approved an authorization on Nov. 5 to repurchase up to $25 billion of common stock. The authorization has no termination date, but it does not require Lam to buy shares. The company may suspend or discontinue the program, so the authorized amount is not a commitment to spend the full $25 billion.