Stock Market Alert: LRCX had an extremely strong day on Friday, trading up over 6% to close the session at $51.66. Volume was extremely high on Friday, with 9.2 million shares of the stock changing hands, compared to a normal daily average volume of 3.7 million shares traded. Earlier in the week, the company announced that they were posting stronger than expected Q1 earnings, which brought investors charging into the stock. As of the close of trading on Friday, LRCX had a market cap of just over $7 billion dollars.
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