Micron Technology Inc. Stock Slips 7.0%, Underperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Micron Technology Inc. slipped 7.0% to $940.76 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,691.76 and Dow Jones Industrial Average falling 0.2% to 53,343.40.

The stock's fall snapped a five-day winning streak.

Micron Technology Inc. closed 25.0% short of 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 6.6% to $96.69, Advanced Micro Devices Inc. fell 4.3% to $484.39, and Applied Materials Inc. fell 3.92% to $514.33.

Trading volume totaled 36.6 million, compared to the 50-day average of 48.8 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 18, 2026 16:33 ET (20:33 GMT)