Shares of Micron Technology Inc. MU, -0.92% slid 3.11% to $70.92 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.29% falling 1.48% to 4,393.66 and Dow Jones Industrial Average DJIA, -0.50% falling 1.05% to 34,792.76. The stock’s fall snapped a three-day winning streak. Micron Technology Inc. closed $27.53 short of its 52-week high ($98.45), which the company reached on January 5th.
The stock underperformed when compared to some of its competitors Thursday, as Intel Corp. INTC, -0.46% fell 1.27% to $47.50, STMicroelectronics N.V. STM, -0.05% fell 0.55% to $38.18, and Western Digital Corp. WDC, -0.96% rose 1.49% to $50.24. Trading volume (17.6 M) remained 7.1 million below its 50-day average volume of 24.7 M.