DJ Micron Technology Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Micron Technology Inc. $(MU)$ rallied 3.92% to $92.50 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.53% to 6,071.17 and the Dow Jones Industrial Average rising 0.38% to 44,882.13.
This was the stock's second consecutive day of gains.
Micron Technology Inc. closed 41.28% short of its 52-week high of $157.54, which the company achieved on June 18th.
The stock outperformed some of its competitors Thursday, as Intel Corp. $(INTC)$ rose 1.32% to $20.01, Advanced Micro Devices Inc. $(AMD)$ rose 1.29% to $118.86, and Applied Materials Inc. $(AMAT)$ rose 3.67% to $181.72.
Trading volume (22.1 M) remained 2.8 million below its 50-day average volume of 24.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 30, 2025.
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(END) Dow Jones Newswires
January 30, 2025 16:39 ET (21:39 GMT)
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