Shares of Micron Technology Inc.
shed 2.42% to $57.16 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.39% to 3,949.94 and Dow Jones Industrial Average
falling 0.13% to 33,700.28. This was the stock’s fourth consecutive day of losses. Micron Technology Inc. closed $41.29 short of its 52-week high ($98.45), which the company achieved on January 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Intel Corp.
fell 3.11% to $28.94, STMicroelectronics N.V.
fell 1.57% to $37.71, and Western Digital Corp.
fell 2.47% to $35.95. Trading volume (10.0 M) remained 9.8 million below its 50-day average volume of 19.8 M.