Lam Research and Applied Materials Shares Skyrocket, What You Need To Know
β’ Shares of Lam Research and Applied Materials surged during the afternoon trading session following news of geopolitical easing. β’ 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. β’ 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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