Shares of Micron Technology Inc.
rallied 1.00% to $69.59 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.86% to 3,973.75 and the Dow Jones Industrial Average
rising 1.98% to 31,880.24. The stock’s rise snapped a three-day losing streak. Micron Technology Inc. closed $28.86 below its 52-week high ($98.45), which the company reached on January 5th.
The stock outperformed some of its competitors Monday, as Intel Corp.
rose 0.84% to $42.00, STMicroelectronics N.V.
rose 0.64% to $39.32, and Western Digital Corp.
rose 0.93% to $57.34. Trading volume (12.3 M) remained 10.4 million below its 50-day average volume of 22.7 M.