Micron Technology Inc. stock rises Monday, outperforms market

Shares of Micron Technology Inc. MU, +2.25% rallied 2.25% to $79.86 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +0.71% rising 0.71% to 4,575.52 and the Dow Jones Industrial Average DJIA, +0.27% rising 0.27% to 34,955.89. Micron Technology Inc. closed $18.59 below its 52-week high ($98.45), which the company achieved on January 5th.
The stock outperformed some of its competitors Monday, as Intel Corp. INTC, -0.62% fell 0.62% to $51.51, STMicroelectronics N.V. STM, +0.88% rose 0.88% to $44.89, and Western Digital Corp. WDC, -0.22% fell 0.22% to $50.70. Trading volume (26.5 M) eclipsed its 50-day average volume of 22.9 M.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
Our call of the day sees lots of stock buying ahead this year. Corporates, individuals and even foreign buyers will be scooping up $900 billion in equities, says Goldman.

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.

source