Micron Technology Inc. Stock Falls 3.6%, Underperforms Peers

Dow Jones10-14 04:35

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

Shares of Micron Technology Inc. shed 3.6% to $953.19 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,805.45 and the Dow Jones Industrial Average falling 0.3% to 51,670.10.

This was the stock's fourth consecutive day of losses.

Micron Technology Inc. closed 24.0% short of its 52-week high of $1,255.00, which the company reached on June 25th.

The stock demonstrated a mixed performance when compared to some of its peers, as Intel Corp. rose 1.4% to $102.81, Advanced Micro Devices Inc. rose 1.9% to $605.53, and Applied Materials Inc. fell 6.69% to $464.24.

Trading volume totaled 28.8 million, compared to the 50-day average of 27.5 million.

Data source: Dow Jones Market Data, FactSet

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