Morning stock check: Lam Research up, Intel down

Singapore-based Flextronics International Ltd. (FLEX), a contract electronics maker, was performing best in early trading Monday morning, with shares up 2.6 percent. Lam Research Corporation (LRCX) and The Charles Schwab Corporation (SCHW) were also trading up Monday.

On the flip side, Intel Corporation (INTC) shares were dipping early Monday morning, down more than 2.7 percent. Shares of Union Bank of California, or UnionBanCal Corporation (UB), and AMB Property Corporation (AMB) were also dipping.

Though shares of Intel were dipping faster than they had in weeks prior, the company still had the most shares changing hands. Also trading at high volume were regular front runners Cisco Systems, Inc. (CSCO) and Apple Inc. (AAPL).

Overall, the Dow Jones Industrial Average is trending downward at more than half a percent in early trading.

In other stock news, Santa Clara-based NVIDIA Corporation (NVDA) announced a new video gaming platform for Intel Yorkfield processors will be available in time for Christmas. Analysts forecast a cloudy year for Cupertino-based Symantec Corp. (SYMC), manufacturers of the Norton Security line, noting stiff competition from other companies.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

‘Extremely disturbing’: SF police chief condemns death of George Floyd

Bill Scott joins SFPOA, top cops nationwide in deeming incident a failure of policing

CCSF board votes to close Fort Mason campus

College dropping lease on waterfront site to help close projected deficit

Planning Commission greenlights 1,100 unit Balboa Reservoir project

Development near CCSF expected to include 50 percent below-market rate units

Breed announces timeline for when SF’s businesses can reopen after COVID-19 shutdown

Restaurant advocacy group wants The City to allow indoor dining sooner

Trump signs order targeting social media companies

By Chris Megerian Los Angeles Times President Donald Trump signed an executive… Continue reading

Most Read