Micron shares are trading lower amid a pullback in chip stocks following Wednesday's strength.
Portfolio Pulse from Benzinga Newsdesk
Micron shares are trading lower amid a pullback in chip stocks following Wednesday's strength.
June 06, 2024 | 4:19 pm
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NEGATIVE IMPACT
Micron shares are experiencing a decline due to a broader pullback in chip stocks after a period of strength on Wednesday.
The decline in Micron's share price is directly linked to the overall pullback in the chip sector, which is affecting the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100