Micron Technology Inc. stock rises Friday, still underperforms market

Micron Technology Inc.
MU,
+ 0.08%

rose 0.08% to $ 79.34 on Friday, which turned out to be an all-round cheap trading session for the stock market with the S&P 500 index
SPX,
+ 0.19%

rises 0.19% to 4,247.44 and the Dow Jones Industrial Average
DJIA,
+ 0.04%

0.04% increased to 34,479.60. This was the share’s second consecutive day of earnings. Micron Technology Inc. closed $ 17.62 below its 52-week high ($ 96.96) the company hit on April 12.

The stock underperformed some of its peers on Friday, such as Intel Corp.
INTC,
+ 0.82%

rose 0.82% to $ 57.85, STMicroelectronics NV
STM,
+ 1.00%

rose 1.00% to $ 38.20 and Western Digital Corp.
WDC,
+ 1.66%

rose 1.66% to $ 74.78. The trading volume (12.6 million) remained 5.6 million below its 50-day average volume of 18.2 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.

Comments are closed.