Why Micron Stock Plummeted This Week
(NASDAQ: MU) stock got hit with a big pullback in this week's trading. Compared to where it stood at the end of the previous week's trading, the company's share price declined 16%.
The pullback for Micron over the last week occurred amid a 2% drop for the S 500 and a 2.7% drop for the Nasdaq Composite. The sell-off occurred even as one high-profile investment firm issued a substantial price-target increase for the stock.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Stock
€763.10
5.820%
The stock is one of the favorites of our community with 159 Buy predictions and 1 Sell predictions.
As a result the target price of 1294 € shows a very positive potential of 69.57% compared to the current price of 763.1 € for Micron Technology Inc..
