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Micron Technology Inc. stock falls Thursday, underperforms market – MarketWatch

by Technology

Shares of Micron Technology Inc.
MU,
-3.47%
slipped 3.47% to $82.69 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-0.87%
falling 0.87% to 4,668.67 and Dow Jones Industrial Average
DJIA,
-0.08%
falling 0.08% to 35,897.64. Micron Technology Inc. closed $14.27 short of its 52-week high ($96.96), which the company achieved on April 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Intel Corp.
INTC,
+0.32%
rose 0.32% to $50.83, STMicroelectronics N.V.
STM,
-6.04%
fell 6.04% to $46.69, and Western Digital Corp.
WDC,
+0.64%
rose 0.64% to $56.71. Trading volume (16.5 M) remained 949,639 below its 50-day average volume of 17.4 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Source: https://www.marketwatch.com/story/micron-technology-inc-stock-falls-thursday-underperforms-market-01639692657-b2ae9080a463

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