Lam Research shares are trading higher amid overall market strength following a drop in Treasury yields from the release of new U.S. economic data.
Portfolio Pulse from Benzinga Newsdesk
Lam Research shares are trading higher due to overall market strength following a drop in Treasury yields from the release of new U.S. economic data.
August 29, 2023 | 3:25 pm
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POSITIVE IMPACT
Lam Research's stock price is increasing due to overall market strength and a drop in Treasury yields.
The drop in Treasury yields following the release of new U.S. economic data has led to overall market strength. This has positively impacted Lam Research's stock price, causing it to trade higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100