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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.

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Source Fool.com

Micron Technology Inc. Stock

€353.25
1.360%
There is an upward development for Micron Technology Inc. compared to yesterday, with an increase of €4.75 (1.360%).
With 137 Buy predictions and not a single Sell prediction Micron Technology Inc. is an absolute favorite of our community.
With a target price of 386 € there is a slightly positive potential of 9.27% for Micron Technology Inc. compared to the current price of 353.25 €.
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