Why Micron Stock Is Losing Ground Again Today
(NASDAQ: MU) stock is getting hit with another sizable pullback in Wednesday's trading. The company's share price was down 3.4% as of 2:10 p.m. ET amid the backdrop of a 0.8% decline for the S 500 and a 4.2% decline for the Nasdaq Composite.
The market's reaction to the latest Consumer Price Index (CPI) report published by the Bureau of Labor Statistics (BLS) is weighing on stocks today. Micron's valuation may also be under pressure due to market uncertainty surrounding SpaceX's IPO this coming Friday.
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Source Fool.com
Micron Technology Inc. Stock
€690.40
-3.370%
With 158 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1294 € there is a hugely positive potential of 87.43% for Micron Technology Inc. compared to the current price of 690.4 €.
