Micron sheds over 25% in two weeks, retreating from $1,255 peak

Price Action
โดย Seeking Alpha·Read original
Summary · why it matters

Micron Technology shares have fallen more than 25% in less than two weeks, retreating from a recent peak of $1,255 reached on June 25 after its latest earnings report. The stock declined approximately 2% on Wednesday, trading near $921, though it remains above its 50-day moving average. Despite the pullback, Micron has surged 212.7% year-to-date and maintains a market capitalization of roughly $1.038 trillion, ranking as the 15th largest company globally. The decline comes as investors reassess semiconductor valuations following a strong AI-driven rally, with analysts monitoring Micron’s position in high-bandwidth memory and advanced chip technologies.

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