Why Micron Stock Is Falling Today

Micron (MU -2.02%) stock is losing ground in Wednesday trading. The company's share price was down 2.5% as of 1 p.m. ET. The stock had been down as much as 7.2% earlier in the session.Micron's valuation is moving lower following announcements at an investor conference the company held later. The memory and storage solutions specialist's share price is also being dragged lower by macroeconomic pressures.Micron stock moves lower after business updatesAt its investor event yesterday, Micron reiterated its guid ...