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.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
392,70 €
1,42 %
Starke Kaufneigung bei Micron Technology Inc., mit mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 396 € für Micron Technology Inc. wurde mit dem aktuellen Kurs von 392.7 € erzielt.
