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Shares of Micron Technology Inc. (MU) slumped 0.59% to $93.89 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. This was the stock's second consecutive day of losses. Micron Technology Inc. closed $4.56 below its 52-week high ($98.45), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Monday, as Intel Corp. (INTC) rose 3.31% to $55.21, STMicroelectronics N.V. (STM.FR) fell 0.56% to $49.62, and Western Digital Corp. (WDC) fell 0.44% to $65.54. Trading volume (20.2 M) eclipsed its 50-day average volume of 19.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.
(END) Dow Jones Newswires
January 10, 2022 17:11 ET (22:11 GMT)
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