Tiger Brokers

Micron Technology Inc. Stock Rallies 4.0%, Outperforms Peers

Dow Jones
Aug 21

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Micron Technology Inc. advanced 4.0% to $974.33 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.9% to 7,641.16 and Dow Jones Industrial Average falling 1.3% to 52,759.21.

The stock's rise snapped a two-day losing streak.

Micron Technology Inc. closed 22.4% below its 52-week high of $1,255.00, which the company reached on June 25th.

The stock outperformed some of its peers, as Intel Corp. fell 0.7% to $92.13, Advanced Micro Devices Inc. rose 0.7% to $469.46, and Applied Materials Inc. rose 0.11% to $496.21.

Trading volume totaled 24.8 million, compared to the 50-day average of 47.4 million.

Data source: Dow Jones Market Data, FactSet

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