This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Micron Technology Inc. rallied 6.1% to $1,016.59 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,718.60 and Dow Jones Industrial Average falling 0.5% to 53,414.25.
This was the stock's third consecutive day of gains.
Micron Technology Inc. closed 19.0% short of its 52-week high of $1,255.00, which the company reached on June 25th.
The stock outperformed some of its peers, as Intel Corp. rose 4.5% to $95.80, Advanced Micro Devices Inc. rose 4.7% to $477.57, and Applied Materials Inc. rose 4.31% to $454.71.
Trading volume totaled 34.7 million, compared to the 50-day average of 40.4 million.
Data source: Dow Jones Market Data, FactSet