Shares of Micron Technology Inc.
slid 1.61% to $90.67 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. This was the stock’s second consecutive day of losses. Micron Technology Inc. closed $6.29 below its 52-week high ($96.96), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Intel Corp.
fell 1.58% to $64.19, STMicroelectronics N.V.
fell 0.36% to $39.05, and Western Digital Corp.
fell 1.59% to $68.69. Trading volume (19.1 M) remained 1.3 million below its 50-day average volume of 20.4 M.