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Why Lam Research Stock Popped 17.3% in October


Shares of Lam Research (NASDAQ: LRCX) climbed 17.3% in October, according to data from S&P Global Market Intelligence, after the semiconductor solutions company announced better-than-expected fiscal first-quarter 2020 results.

Shares soared almost 14% on Oct. 24 alone, the first trading day after Lam's report hit the wires.

Image source: Getty Images.

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Source Fool.com

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