Why Micron Stock Just Dropped
"I'm from the government, and I'm here to help."
This punchline to the Reagan-era joke, "What are the nine most terrifying words in the English language?", is gaining currency today on fears that global governments will impose windfall profits taxes on AI companies.
(NASDAQ: MU) stock is suffering in response, its shares down 3.8% through 10:10 a.m. on worries government may kill the golden AI goose.
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 €.
