Micron Technology Inc. stock underperforms Monday when compared to competitors despite daily gains

Shares of Micron Technology Inc.

rose 1.45% to $93.75 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index

rising 1.44% to 4,077.91 and the Dow Jones Industrial Average

rising 1.13% to 33,527.19. This was the stock’s third consecutive day of gains. Micron Technology Inc. closed $2.00 below its 52-week high ($95.75), which the company reached on March 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Intel Corp.

rose 3.08% to $66.54, STMicroelectronics N.V.

rose 1.35% to $39.88, and Western Digital Corp.

rose 0.94% to $72.04. Trading volume (19.5 M) remained 629,978 below its 50-day average volume of 20.1 M.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Source link

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">html</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>


%d bloggers like this: