Micron (MU) Plunges 29% in a Month: Should You Buy the Dip?

Micron Technology, Inc. (MU) has seen its stock take a steep dive, plunging nearly 29% in the past month. This sharp decline exceeds the broader market's performance, with the S&P 500 down 5.9% and the Zacks Computer and Technology sector dropping 11%.The primary culprit behind Micron's recent slump is the broader market sell-off driven by macroeconomic concerns. Investors are increasingly anxious about the Federal Reserve's interest rate policies and the potential for a U.S. recession. The recent disappoin ...