Micron Technology Inc.
lost 2.06% to $ 80.49 on Wednesday in what turned out to be an all-round gloomy trading session for the stock market with the S&P 500 index
Down 0.54% to 4,223.70 and the Dow Jones Industrial Average
Decrease of 0.77% to 34,033.67. The decline in the share price broke out a four-day winning streak. Micron Technology Inc. closed $ 16.47 below its 52-week high ($ 96.96) the company hit on April 12.
The stock showed mixed performance on Wednesday compared to some of its competitors, including Intel Corp.
fell 1.33% to $ 57.22, STMicroelectronics NV
fell 0.50% to $ 37.83, and Western Digital Corp.
fell 2.20% to $ 73.27. The trading volume (18.1 million) exceeded its 50-day average volume of 17.6 million.