88.81
price down icon0.84%   -0.91
 
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Why is Micron Technology Inc (MU) Stock down?

We've noticed a 16.18% decline in Micron Technology Inc (MU) stock during the 2024-12-19 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
29 Jun, 2023:

Micro (MU) shares dropped 4.09% today despite beating revenue estimates. MU was the worst performer in the Nasdaq 100 and the second-worst performer in the S&P 500 on Thursday, and was on pace for its lowest close since May 16th. The stock is digesting the latest jobless claims and GDP data. Besides, the Biden administration is reportedly considering more restrictions on selling artificial intelligence chips to customers in China.

https://www.barrons.com/livecoverage/stock-market-today-062923/card/micron-technology-is-the-worst-performer-in-nasdaq-100-thursday-8ujYE5Nhlv1YqicqAkUG?siteid=yhoof2

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