Shares of Micron Technology Inc. MU, -4.70% shed 4.70% to $69.40 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.00% rising 0.00% to 32,945.24 and the S&P 500 Index SPX, -0.74% falling 0.74% to 4,173.11. This was the stock’s third consecutive day of losses. Micron Technology Inc. closed $29.05 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 Monday, as Intel Corp. INTC, -3.12% fell 3.12% to $44.40, STMicroelectronics N.V. STM, -0.24% fell 0.24% to $37.62, and Western Digital Corp. WDC, -1.83% fell 1.83% to $44.47. Trading volume (24.9 M) eclipsed its 50-day average volume of 21.6 M.