DJ Micron Technology Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Micron Technology Inc. $(MU)$ slipped 1.45% to $89.92 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,994.57 and Dow Jones Industrial Average falling 0.28% to 44,421.91.
This was the stock's second consecutive day of losses.
Micron Technology Inc. closed 42.92% short of its 52-week high of $157.54, which the company reached on June 18th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Intel Corp. $(INTC)$ fell 0.26% to $19.38, Advanced Micro Devices Inc. $(AMD)$ fell 1.45% to $114.27, and Applied Materials Inc. $(AMAT)$ fell 0.86% to $178.80.
Trading volume (17.2 M) remained 7.8 million below its 50-day average volume of 25.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 3, 2025.
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February 03, 2025 16:39 ET (21:39 GMT)
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