Micron Stock Extends Losses, Down 15% in Two Days
Micron Technology shares fell sharply, extending a two-day decline to 15% as the memory chip selloff intensifies. The stock is now over 30% below its June 22 record high.
MU
Shares of Micron Technology ($MU) continued their slide, bringing the two-day loss to 15%. The selloff in memory chip stocks has accelerated, pushing Micron down more than 30% since its all-time high on June 22.
No specific catalyst was cited in the post, but the broader semiconductor sector has faced pressure in recent sessions.
Source: The Kobeissi Letter