Micron Technology Inc. Stock Falls 3.9%, Underperforms Peers
This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Micron Technology Inc. slipped 3.9% to $989.04 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.4% to 51,850.55 and the S&P 500 Index falling 0.1% to 7,807.24.This was the stock's third consecutive day of losses.Micron Technology Inc. closed 21.2% below its 52-week high of $1,255.00, which the company achieved on June 25th.The stock underperformed when compared to some of its peers, as Intel Corp. fell 3.2% to $101.35, Advanced Micro Devices Inc. fell 2.3% to $594.24, and Applied Materials Inc. fell 1.87% to $497.53.Trading volume totaled 23.5 million, compared to the 50-day average of 28.1 million.Data source: Dow Jones Market Data, FactSet
