Lam Research Stock Has Jumped 3.5x Since 2018. Here’s Why
- Thursday, April 14, 2022, 7:15
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Lam Research Corporation stock price jumped almost 3.5x from $136 in 2018 end to $467 currently, primarily due to favorable changes in its P/S multiple. Additionally, the company witnessed a rise in revenue over this period, and revenue per share has increased, helped by a drop in the outstanding…