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Micron Slumps in Premarket Trading as Tech Rout Dampens Semiconductors

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Source: Benzinga
Micron Slumps in Premarket Trading as Tech Rout Dampens Semiconductors
Photo: Benzinga
TL;DR

Micron Technology shares fell about 6% in premarket trading as a broader tech sell-off hit semiconductors; the move came after Samsung’s strong results sparked a sell-the-news reaction, with the longer-term case aided by rising memory prices, though traders may be taking profits after a recent rally.

Topics:businessmarkets#markets#memory-prices#micron-technology#mu-stock#samsung-electronics#semiconductors
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  1. Why Is Micron Technology Stock Falling Tuesday?  Benzinga
  2. Micron Is Knocking on $1,000 Again. Is the AI Memory Trade Just Getting Started or a Bull Trap?  Yahoo Finance
  3. Micron, Chip Stocks Fall Despite Samsung Profit Surge  Investor's Business Daily
  4. Micron Stock Rises. Analyst Calls Latest Selloff a Buying Opportunity.  Barron's
  5. Micron’s stock falls as investors wonder if the memory market is near the top  MarketWatch

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