Micron Technology Inc. stock falls Thursday, underperforms market – LLODO

Shares of Micron Technology Inc.
MU,
-2.37%
shed 2.37% to $93.89 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-0.30%
falling 0.30% to 4,778.73 and Dow Jones Industrial Average
DJIA,
-0.25%
falling 0.25% to 36,398.08. Micron Technology Inc. closed $3.07 below its 52-week high ($96.96), which the company achieved on April 12th.

The stock underperformed when compared to some of its competitors Thursday, as Intel Corp.
INTC,
-0.17%
fell 0.17% to $51.74, STMicroelectronics N.V.
STM,
-0.79%
fell 0.79% to $49.19, and Western Digital Corp.
WDC,
-1.15%
fell 1.15% to $65.37. Trading volume (18.5 M) remained 665,233 below its 50-day average volume of 19.2 M.