Why Micron Stock Sunk Today
(NASDAQ: MU) stock got hit with a valuation retracement in Friday's trading. The company's share price fell 3.6% in the day's trading, and had been off as much as 5.6% earlier in the session. Meanwhile, the S 500 (SNPINDEX: ^GSPC) gained 0.5% in the session, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) rose 0.7%.
Micron stock lost ground today despite gains for the broader market and little in the way of clear-cut, company-specific news. Even with today's pullback, Micron's share price is still up 32% over the last month.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Stock
€356.90
-0.500%
With 142 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 425 € there is a slightly positive potential of 19.08% for Micron Technology Inc. compared to the current price of 356.9 €.
