DJ Micron Technology Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Micron Technology Inc. $(MU)$ slipped 3.47% to $95.41 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.08% to 43,461.21 and the S&P 500 Index falling 0.50% to 5,983.25.
This was the stock's fourth consecutive day of losses.
Micron Technology Inc. closed 39.44% short of its 52-week high of $157.54, which the company reached on June 18th.
The stock underperformed when compared to some of its competitors Monday, as Intel Corp. $(INTC)$ fell 2.41% to $24.27, Advanced Micro Devices Inc. $(AMD)$ fell 2.46% to $108.11, and Applied Materials Inc. $(AMAT)$ fell 1.98% to $168.57.
Trading volume (14.7 M) remained 10.8 million below its 50-day average volume of 25.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 24, 2025.
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February 24, 2025 16:39 ET (21:39 GMT)
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