Shares of Micron Technology Inc. (MU) experienced a notable surge on Wednesday, climbing 7.40% to close at $95.64. This positive performance occurred during a trading session that presented a mixed bag for the broader stock market.
The S&P 500 Index (SPX) saw a modest increase of 0.49%, reaching 5,599.30. Conversely, the Dow Jones Industrial Average (DJIA) experienced a slight dip, closing down 0.20% at 41,350.93. Micron’s gains mark their second consecutive day of positive movement.