Shares of Micron Technology Inc.
rose 2.54% to $73.97 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.95% to 4,395.64 and the Dow Jones Industrial Average
rising 1.00% to 34,258.32. The stock’s rise snapped a three-day losing streak. Micron Technology Inc. closed $22.99 short of its 52-week high ($96.96), which the company achieved on April 12th.
The stock outperformed some of its competitors Wednesday, as Intel Corp.
rose 1.19% to $53.50, STMicroelectronics N.V.
rose 1.17% to $45.80, and Western Digital Corp.
rose 2.00% to $56.58. Trading volume (16.9 M) remained 1.8 million below its 50-day average volume of 18.8 M.