Shares of Lam Research Corp. LRCX, -2.16% slid 2.16% to $485.08 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.16% falling 0.16% to 3,971.27 and Dow Jones Industrial Average DJIA, -0.12% falling 0.12% to 32,394.25. This was the stock’s third consecutive day of losses. Lam Research Corp. closed $89.71 below its 52-week high ($574.79), which the company reached on March 29th.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.3 M.