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Micron Technology Inc. stock falls Monday, underperforms market

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Shares of Micron Technology Inc.
MU,
-2.42%

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
SPX,
-0.39%

falling 0.39% to 3,949.94 and Dow Jones Industrial Average
DJIA,
-0.13%

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.
INTC,
-3.11%

fell 3.11% to $28.94, STMicroelectronics N.V.
STM,
-1.57%

fell 1.57% to $37.71, and Western Digital Corp.
WDC,
-2.47%

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.


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.

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