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Micron Technology Inc. stock underperforms Tuesday when compared to competitors

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Micron Technology Inc. stock underperforms Tuesday when compared to competitors

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Shares of Micron Technology Inc.
MU,
-2.77%

shed 2.77% to $73.10 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
-2.04%

falling 2.04% to 4,352.63 and Dow Jones Industrial Average
DJIA,
-1.63%

falling 1.63% to 34,299.99. The stock’s fall snapped a four-day winning streak. Micron Technology Inc. closed $23.86 below its 52-week high ($96.96), which the company reached on April 12th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Intel Corp.
INTC,
-1.21%

fell 1.21% to $54.00, STMicroelectronics N.V.
STM,
-5.63%

fell 5.63% to $43.78, and Western Digital Corp.
WDC,
-1.25%

fell 1.25% to $58.32. Trading volume (26.6 M) eclipsed its 50-day average volume of 18.6 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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