Why Micron Stock Slumped 18% in March
Shares of Micron Technology(NASDAQ: MU) were taken out to the woodshed in March, tumbling as much as 18.1%, according to data supplied by S&P Global Market Intelligence.
After the semiconductor specialist reported epic results and hit a new all-time high, an unexpected development in artificial intelligence (AI) technology sent investors scrambling for the exits.
Image source: Micron.
Source Fool.com
Micron Technology Inc. Stock
€317.50
-0.140%
The stock is one of the favorites of our community with 143 Buy predictions and 1 Sell predictions.
As a result the target price of 387 € shows a positive potential of 21.89% compared to the current price of 317.5 € for Micron Technology Inc..
