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Why Micron Stock Is Plummeting Today

TheMotleyFool 
0 0 01.07.26
Why Micron Stock Is Plummeting Today: https://g.foolcdn.com/editorial/images/877121/gettyimages-1278817813-copy.jpg
 

(NASDAQ: MU) stock is seeing a substantial pullback in Wednesday's trading, with shares down 9.6% as of 2:10 p.m. ET. The S 500 was up 0.1% at the same point in the day's trading, and the Nasdaq Composite was off 0.2%.

While moves for the S 500 and the Nasdaq Composite look relatively muted today, many leading chip stocks are getting hit with big sell-offs. Meanwhile, investors appear to be moving into artificial intelligence (AI) software stocks. On the other hand, there was actually some good news for Micron today.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€776.90
3.340%
A very strong showing by Micron Technology Inc. today, with an increase of €25.10 (3.340%) compared to yesterday's price.
The stock is one of the favorites of our community with 160 Buy predictions and 1 Sell predictions.
As a result the target price of 1293 € shows a very positive potential of 66.43% compared to the current price of 776.9 € for Micron Technology Inc..
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