Stock Market Today, March 26: Micron Technology Slides as Analysts Shift Toward GPU Names and Earnings Concerns Grow
Micron Technology (NASDAQ:MU), manufactures DRAM, flash memory, and SSDs, closed Thursday at $355.46, down 6.97%. The stock fell after analyst downgrades, AI compression-technology worries, and concerns about earnings quality, while investors are watching AI-memory demand, margins, and capital-spending plans. The company’s trading volume reached 52.5 million shares, which is about 41% above compared with its three-month average of 37.4 million shares. Micron Technology went pulic in 1984 and has grown 2512 ...