Micron Technology (MU) Falls Hard on Crucial Business Exit

We recently published 10 Stocks Losing Their Fire. Micron Technology Inc. (NASDAQ:MU) is one of the worst performers on Thursday. Micron Technology dropped for a third straight session on Thursday, shedding 3.21 percent to close at $226.65 apiece, as investors digested plans to officially drop its consumer memory brand, Crucial, after 29 years in business. In a statement during the day, Micron Technology Inc. (NASDAQ:MU) said that the divestment was in line with plans to shift its focus to the faster-gro ...