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.
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Source Fool.com
Micron Technology Inc. Stock
€381.55
-1.700%
With 142 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 435 € there is a slightly positive potential of 14.01% for Micron Technology Inc. compared to the current price of 381.55 €.
