Micron Technology Inc. stock falls Wednesday, underperforms market

Micron Technology Inc.
MU,
-2.06%

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
SPX,
-0.54%

Down 0.54% to 4,223.70 and the Dow Jones Industrial Average
DJIA,
-0.77%

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.
INTC,
-1.33%

fell 1.33% to $ 57.22, STMicroelectronics NV
STM,
-0.50%

fell 0.50% to $ 37.83, and Western Digital Corp.
WDC,
-2.20%

fell 2.20% to $ 73.27. The trading volume (18.1 million) exceeded its 50-day average volume of 17.6 million.

Editor’s note: This story was created automatically 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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