Micron Technology shares are down more than 6% to $851.50 at 20:40 London time in today's US session, though they are still up 188.94% so far this year.
Micron Technology (NASDAQ: MU), the semiconductor maker, was trading at $851.50 at 20:40 London time, down around 6.8% in the US session so far today. The shares have traded between $851.22 and $908.30, leaving them close to the session low.
The fall puts Micron around 30% below its 52-week high. The stock is still well over 300% above its 52-week low and up 188.94% so far this year.
Micron’s daily share price over the past month, with today’s session marked.
How unusual this is
Micron’s previous fall of this size came on Friday the 16th of October.
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MU.US
The sector backdrop
The fall came as much of the chip and AI sector was also lower.
Micron’s next results are due on the 16th of December.
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