Shares of Micron Technology Inc.
slid 1.86% to $72.27 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.13% to 4,514.07 and Dow Jones Industrial Average
falling 0.20% to 35,031.07. This was the stock’s third consecutive day of losses. Micron Technology Inc. closed $24.69 below its 52-week high ($96.96), which the company reached on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Intel Corp.
fell 0.15% to $53.57, STMicroelectronics N.V.
fell 1.73% to $44.25, and Western Digital Corp.
fell 3.84% to $58.08. Trading volume (17.4 M) remained 2.9 million below its 50-day average volume of 20.3 M.