Up 50% And Then Down 25% This Year: What Explains These Wild Swings In Micron Stock?
Applied Materials(AMAT) Forbes·2024-08-29 20:00SHANGHAI, CHINA - NOVEMBER 6, 2023 - A Micron logo is seen at the 6th CIIE 2023 in Shanghai, China, ... [+] November 6, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesMicron Technology (NASDAQ: MU) stock has dropped more than 25% in the last two months after a brisk 50% growth in the first half of the year. This trend largely mirrors movements in stock price for the company’s peer in the semiconductor industry Applied Materials (NASDAQ: AMAT) - whi ...