Shares of Micron Technology Inc.
MU,
slid 2.13% to $69.41 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
SPX,
falling 2.77% to 4,271.78 and Dow Jones Industrial Average
DJIA,
falling 2.82% to 33,811.40. This was the stock's second consecutive day of losses. Micron Technology Inc. closed $29.04 short of its 52-week high ($98.45), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Friday, as Intel Corp.
INTC,
fell 2.02% to $46.54, STMicroelectronics N.V.
STM,
fell 1.86% to $37.47, and Western Digital Corp.
WDC,
fell 1.55% to $49.46. Trading volume (18.6 M) remained 6.1 million below its 50-day average volume of 24.7 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.
Gloss