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

Advocates call for permanent moratorium on ‘poverty tows’

Ron Trathen hates change. He recalls moving around a lot as a… Continue reading

Music venue owners warn ‘hospitality and entertainment are dying’

Industry leaders plead with city, state for help

Anti-police protester sues over arrest at 2019 Pride Parade

A protester whose arrest at San Francisco’s 2019 Pride Parade intensified pressure… Continue reading

Veritas offers to forgive unpaid rent, but tenants are wary

Calls for rent forgiveness have been answered, but with some caveats. The… Continue reading

Most Read