Shares of Micron Technology Inc. MU, -1.16% slid 1.16% to $75.03 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.25% rising 0.25% to 4,447.70 and the Dow Jones Industrial Average DJIA, +0.62% rising 0.62% to 35,484.97. This was the stock’s third consecutive day of losses. Micron Technology Inc. closed $21.93 short of its 52-week high ($96.96), which the company achieved on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Intel Corp. INTC, +0.37% rose 0.37% to $54.14, STMicroelectronics N.V. STM, +0.12% rose 0.12% to $42.72, and Western Digital Corp. WDC, +1.86% rose 1.86% to $66.72. Trading volume (31.2 M) eclipsed its 50-day average volume of 19.3 M.