Micron Technology Inc. Stock Advances 4.9%, Outperforms Peers

Dow Jones08-13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Micron Technology Inc. rallied 4.9% to $911.29 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

This was the stock's second consecutive day of gains.

Micron Technology Inc. closed 27.4% below its 52-week high of $1,255.00, which the company achieved on June 25th.

The stock outperformed some of its peers, as Intel Corp. rose 3.3% to $100.95, Advanced Micro Devices Inc. rose 1.8% to $482.93, and Applied Materials Inc. rose 4.29% to $548.15.

Trading volume totaled 35.8 million, compared to the 50-day average of 49.9 million.

Data source: Dow Jones Market Data, FactSet

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