Why Micron Stock Sunk Today
(NASDAQ: MU) stock got hit with a valuation retracement in Friday's trading. The company's share price fell 3.6% in the day's trading, and had been off as much as 5.6% earlier in the session. Meanwhile, the S 500 (SNPINDEX: ^GSPC) gained 0.5% in the session, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 0.7%.
Micron stock lost ground today despite gains for the broader market and little in the way of clear-cut, company-specific news. Even with today's pullback, Micron's share price is still up 32% over the last month.
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Source Fool.com
Micron Technology Inc. Aktie
714,50 €
-5,86 %
Klares Buy-Übergewicht bei der Micron Technology Inc. Aktie mit 159 zu 1 Einschätzungen.
Ein Kursziel von 1294 € für Micron Technology Inc. würde eine Steigerung von mehr als 50% gegenüber dem aktuellen Kurs von 714.5 € bedeuten.
