Micron Technology Inc. Stock Slides 5.9%, Underperforms Peers
Dow Jones2026/07/31 20:34This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Micron Technology Inc. shed 5.9% to $823.03 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,489.72 and the Dow Jones Industrial Average rising 0.5% to 52,485.03.
Micron Technology Inc. closed 34.4% below 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 1.0% to $90.20, Advanced Micro Devices Inc. fell 1.9% to $476.15, and Applied Materials Inc. rose 1.18% to $507.67.
Trading volume totaled 53.6 million, compared to the 50-day average of 52.9 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 31, 2026 16:34 ET (20:34 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.
You may also like
US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
ZAMA gains traction as 24h trading volume surges
Global economy risks fragmentation! Australia bets on AI as a new growth engine
In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.
Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap
According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.
Crypto prices
More
