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Why Micron Stock Slumped 18% in March

TheMotleyFool 
0 0 03.04.26
Why Micron Stock Slumped 18% in MarchPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

Shares of Micron Technology(NASDAQ: MU) were taken out to the woodshed in March, tumbling as much as 18.1%, according to data supplied by S&P Global Market Intelligence.

After the semiconductor specialist reported epic results and hit a new all-time high, an unexpected development in artificial intelligence (AI) technology sent investors scrambling for the exits.

Image source: Micron.

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Source Fool.com

Micron Technology Inc. Stock

€777.30
7.790%
A very strong showing by Micron Technology Inc. today, with an increase of €56.20 (7.790%) compared to yesterday's price.
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 66.47% compared to the current price of 777.3 € for Micron Technology Inc..
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