This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Micron Technology Inc. plunged 16.1% to $74.34 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 4.8% to 5,396.52 and Dow Jones Industrial Average falling 4.0% to 40,545.93.
This was the stock's second consecutive day of losses.
Micron Technology Inc. closed 52.8% below its 52-week high of $157.54, which the company achieved on June 18th.
The stock underperformed when compared to some of its competitors, as Intel Corp. rose 2.0% to $22.43, Advanced Micro Devices Inc. fell 8.9% to $93.80, and Applied Materials Inc. fell 8.28% to $135.51.
Trading volume totaled 44.5 million, compared to the 50-day average of 21.7 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 03, 2025 16:34 ET (20:34 GMT)
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