Monday, February 6, 2012

Stock Drops In Shadow of Appleton Loss

Posted By on Mon, Feb 6, 2012 at 3:07 PM

Micron shares lost 23 cents on the NASDAQ exchange today in its first full day of trading since the death of CEO Steve Appleton. At the closing bell, Micron was trading at $7.73, after trading as high as $7.88 at midday.

Micron trading on the NASDAQ exchange on Monday, Feb. 6, 2012
  • Micron trading on the NASDAQ exchange on Monday, Feb. 6, 2012.


Overall, trading was down on Wall Street, as the Dow Jones Industrial Average slipped 17.1 points, the Standard and Poor's 500 Index dropped half a point and the NASDAQ Composite Index fell 3.67 points.

Monday was also the first workday that Mark Durcan has served as Micron's new CEO. Durcan was formally named as the Boise-based company's chief executive following Friday's plane crash at the Boise Airport, which killed Appleton.

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