Micron Technology Inc. Stock Sheds 5.6%, Outperforms Peers

Dow Jones04:34

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

Shares of Micron Technology Inc. shed 5.6% to $878.84 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.1% to 7,659.44 and Dow Jones Industrial Average falling 0.3% to 52,002.41.

Micron Technology Inc. closed 30.0% below its 52-week high of $1,255.00, which the company achieved on June 25th.

The stock demonstrated a mixed performance when compared to some of its peers, as Intel Corp. fell 5.8% to $89.85, Advanced Micro Devices Inc. fell 6.0% to $528.75, and Applied Materials Inc. fell 4.82% to $409.29.

Trading volume totaled 30.0 million, compared to the 50-day average of 27.2 million.

Data source: Dow Jones Market Data, FactSet

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