Shares of Micron Technology Inc.
shed 2.06% to $80.49 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.54% to 4,223.70 and Dow Jones Industrial Average
falling 0.77% to 34,033.67. The stock’s fall snapped a four-day winning streak. Micron Technology Inc. closed $16.47 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 1.33% to $57.22, STMicroelectronics N.V.
fell 0.50% to $37.83, and Western Digital Corp.
fell 2.20% to $73.27. Trading volume (18.1 M) eclipsed its 50-day average volume of 17.6 M.