Micron Technology Inc. Stock Falls 5.8%, Underperforms Peers
Dow Jones2026/08/24 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Micron Technology Inc. slid 5.8% to $910.43 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.3% to 53,417.16 and the S&P 500 Index falling 0.3% to 7,652.86.
This was the stock's second consecutive day of losses.
Micron Technology Inc. closed 27.5% short of its 52-week high of $1,255.00, which the company achieved on June 25th.
The stock underperformed when compared to some of its peers, as Intel Corp. fell 3.1% to $87.26, Advanced Micro Devices Inc. fell 3.5% to $456.75, and Applied Materials Inc. fell 1.65% to $484.19.
Trading volume totaled 28.5 million, compared to the 50-day average of 45.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 24, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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