Why Micron Technology Stock Tumbled by 4% Today
MUMicron Technology(MU) The Motley Fool·2024-08-27 06:08

The company might not be in for a dynamic start to its fiscal 2025.Veteran computer memory products maker Micron Technology (MU -3.83%) didn't exactly get off to a roaring start on the stock exchange this week. The company's shares ended the day almost 4% lower, following a price target cut from an analyst tracking the company. That slide was notably steeper than the 0.3% dip of the S&P 500 index. A $10 haircutThe pundit making the cut was Needham's Quinn Bolton. Before the market open Monday, Bolton reset ...