Why Micron Stock Is Plummeting Today
(NASDAQ: MU) stock is seeing a valuation pullback in Tuesday's trading. The memory-chip specialist's share price was down 7.1% as of 1 p.m. ET amid a 1.3% level slide for the S 500 and a 1.4% decline for the Nasdaq Composite.
Micron announced today that it had started shipping customer sampled for its latest LPDRAM module for artificial intelligence (AI) data centers. The stock also received a price-target increase from a high-profile investment firm. Despite the positive news, the U.S. and Israel's war with Iran is dragging the company's share price lower.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
388,15 €
0,40 %
Die Micron Technology Inc. Aktie ist im Trend: Deutlich mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 435 € für Micron Technology Inc. ist ein leichter Anstieg gegenüber dem aktuellen Kurs von 388.15 € zu erwarten.
