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Shares of Micron Technology Inc.
MU,
slid 0.17% to $70.50 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
SPX,
rising 1.05% to 4,345.72 and the Dow Jones Industrial Average
DJIA,
rising 0.92% to 34,314.67. This was the stock’s second consecutive day of losses. Micron Technology Inc. closed $26.46 below its 52-week high ($96.96), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Tuesday, as Intel Corp.
INTC,
rose 0.90% to $53.95, STMicroelectronics N.V.
STM,
rose 1.89% to $42.63, and Western Digital Corp.
WDC,
rose 0.02% to $56.96. Trading volume (14.5 M) remained 5.0 million below its 50-day average volume of 19.5 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.
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