Lam Research and Applied Materials Shares Skyrocket, What You Need To Know
• Shares of Lam Research and Applied Materials surged during the afternoon trading session following news of geopolitical easing. • The stock jump occurred after President Trump canceled planned military strikes on Iran and indicated that a peace deal could be reached over the weekend. • While Applied Materials saw a significant spike, analysts note the company's high volatility, with 27 moves exceeding 5% over the past year.
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