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

Shares of Micron Technology Inc. rose 5.5% to $977.50 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.1% to 7,637.76 and the Dow Jones Industrial Average rising 0.6% to 51,778.04.

Micron Technology Inc. closed 22.1% short of its 52-week high of $1,255.00, which the company achieved on June 25th.

The stock demonstrated a mixed performance when compared to some of its peers, as Intel Corp. rose 7.7% to $108.80, Advanced Micro Devices Inc. rose 6.4% to $545.09, and Applied Materials Inc. rose 0.49% to $417.40.

Trading volume totaled 21.7 million, compared to the 50-day average of 35.0 million.

Data source: Dow Jones Market Data, FactSet