Why Did LAM Research Stock Rally Last Week?
- Thursday, October 31, 2019, 7:15
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LAM Research (NASDAQ: LRCX), a company that provides wafer fabrication equipment and services to the semiconductor industry, saw its stock price rise by about 17% over the last week. The rally was driven by stronger-than-expected Q1 FY’20 earnings and a more favorable outlook for Q2…
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