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Micron Technology Inc. stock falls Wednesday, underperforms market – MarketWatch

Micron Technology Inc. stock falls Wednesday, underperforms market – MarketWatch 

Shares of Micron Technology Inc. MU, -0.91% shed 0.91% to $66.47 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.21% rising 0.21% to 4,183.96 and the Dow Jones Industrial Average DJIA, +0.19% rising 0.19% to 33,301.93. This was the stock’s second consecutive day of losses. Micron Technology Inc. closed $31.98 short of its 52-week high ($98.45), which the company achieved on January 5th.
The stock underperformed when compared to some of its competitors Wednesday, as Intel Corp. INTC, -0.66% fell 0.66% to $45.22, STMicroelectronics N.V. STM, +0.03% rose 0.03% to $36.79, and Western Digital Corp. WDC, +0.95% rose 0.95% to $50.05. Trading volume (17.0 M) remained 7.1 million below its 50-day average volume of 24.1 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.
Boeing reported a first-quarter loss of $2.75 a share on $14 billion in sales. Wall Street was looking for a loss of about 15 cents a share on sales of $15.9 billion.

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