Micron Technology Inc. Stock Advances 18.4%, Outperforms Peers

Dow Jones
17 hours ago

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

Shares of Micron Technology Inc. surged 18.4% to $874.66 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.7% to 7,437.63 and the Dow Jones Industrial Average rising 1.2% to 52,208.06.

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

Micron Technology Inc. closed 30.3% short of 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. rose 11.3% to $91.13, Advanced Micro Devices Inc. rose 13.0% to $485.39, and Applied Materials Inc. rose 14.97% to $501.77.

Trading volume totaled 60.3 million, compared to the 50-day average of 52.8 million.

Data source: Dow Jones Market Data, FactSet

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10