Here's Why Micron Stock Fell 12% This Week
Micron Technology (NASDAQ: MU) shareholders have had a pretty rough week. Shares of the memory processor company have stumbled amid concerns that new technology from 's Google could lower demand for advanced memory processors.
Those fears came as Micron investors were already concerned about the company's rising capital expenditures and the market's general pessimism stemming from the U.S.'s war with Iran. Micron's stock is down 12% in the week to Thursday, 3:07 p.m. ET.
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Source Fool.com
Micron Technology Inc. Aktie
297,20 €
1,85 %
Die Community bevorzugt Micron Technology Inc., mit deutlich mehr Buy- (143) als Sell-Einschätzungen (1).
Bei einem Kursziel von 386 € für Micron Technology Inc. deutet sich eine Steigerung von über 20% vom aktuellen Kurs von 297.2 € an.
