Shares of Micron Technology Inc. MU, -0.51% dropped 0.51% to $66.38 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.30% rising 0.30% to 4,363.80 and the Dow Jones Industrial Average DJIA, -0.00% falling 0.00% to 34,377.81. This was the stock’s fourth consecutive day of losses. Micron Technology Inc. closed $30.58 below its 52-week high ($96.96), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Intel Corp. INTC, +0.17% rose 0.17% to $52.26, STMicroelectronics N.V. STM, +1.52% rose 1.52% to $41.42, and Western Digital Corp. WDC, +0.02% rose 0.02% to $54.21. Trading volume (17.5 M) remained 2.1 million below its 50-day average volume of 19.6 M.