ponzi scheme
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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post
No comments yet