Why Micron Stock Is Sinking Today
RJFRaymond James Financial(RJF) The Motley Fool·2024-09-13 03:24

Investors follow the analysts. Micron Technology (MU -3.98%) stock is falling in Thursday's trading. The memory-chip company's share price was down 3.9% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence. Shares had been down as much as 7.2% earlier in the daily session. Micron stock is falling in conjunction with the release of two price-target cuts from analysts. The company's share price is now down roughly 43% from the high that it reached earlier this year. Micron stock gets hit ...