Micron CEO Sells $38 Million in Stock Amid Sharp Share Price Rise
Micron Technology's CEO, Sanjay Mehrotra, sold nearly 40,000 shares worth approximately $38 million through a pre-approved Rule 10b5-1 trading plan. The sale occurred after the stock surged by 84% in one month and ahead of upcoming quarterly earnings on June 24.
Topics: insider selling investor psychology Micron stock price movement