Why Micron Stock Is Sinking Today
(NASDAQ: MU) stock is losing ground in Friday's trading. The memory chip company's share price was down 5.3% as of 10:45 a.m. ET amid a 1% decline for the S 500 and a 2% decline for the Nasdaq Composite.
The broader market is getting hit with strong selling action today as investors weigh the risks of the Federal Reserve potentially raising interest rates this year. While there is an item of positive, business-specific news for Micron today, it hasn't been enough to stop the stock from selling off.
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Source Fool.com
Micron Technology Inc. Stock
€714.50
-5.860%
With 159 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 81.11% for Micron Technology Inc. compared to the current price of 714.5 €.
