Lam Research is trading 3.72% down now at $5.95, amid pressure on semiconductor and other growth-sensitive shares as oil prices climbed and Treasury yields remained near a 24-year high.
- No clear company-specific announcement was identified to explain the decline.
- Reuters reported global shares slid amid higher oil prices and borrowing costs; supplied market context also showed weakness in semiconductors and the Nasdaq.
- Trading volume data was not provided.