Micron Shares Drop Amid Semiconductor Sector Sell-Off
Micron Technology (NASDAQ:MU) shares fell by 5.1% in premarket trading as a broad selloff across the global semiconductor sector impacted memory-chip manufacturers, including SK Hynix and Samsung Electronics. The decline was exacerbated by high-profile short positions from investor Michael Burry and increased insider selling.
Tickers: $MU $SKHYV $SNDK $WDC
Topics: memory_stocks semiconductors stock_prices