Shares of Micron Technology Inc.
slumped 0.37% to $90.34 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.02% to 4,696.56 and the Dow Jones Industrial Average
rising 0.74% to 35,753.89. Micron Technology Inc. closed $6.62 below 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.
rose 0.39% to $50.97, STMicroelectronics N.V.
rose 0.88% to $48.41, and Western Digital Corp.
rose 1.30% to $59.79. Trading volume (18.5 M) eclipsed its 50-day average volume of 18.3 M.