Earnings Beat, Dividend Hike
LRCX is rallying moderately against a falling broader market as news of strong earnings results and a dividend increase gives investors a company-specific reason to buy.
Sources: https://blockonomi.com/lam-research-lrcx-stock-gains-ground-on-strong-earnings-and-dividend-hike/, https://finance.yahoo.com/markets/stocks/articles/lam-research-corporation-announ
Sources
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