Shares of Micron Technology Inc.
rallied 2.14% to $67.80 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. The stock's rise snapped a four-day losing streak. Micron Technology Inc. closed $29.16 below its 52-week high ($96.96), which the company reached on April 12th.
The stock underperformed when compared to some of its competitors Thursday, as Intel Corp.
rose 3.14% to $53.90, STMicroelectronics N.V.
rose 2.56% to $42.48, and Western Digital Corp.
rose 4.32% to $56.55. Trading volume (15.5 M) remained 3.9 million below its 50-day average volume of 19.4 M.