1 hour ago
Micron (MU) Stock Drops as Burry Bet Raises Pressure
TLDR Micron and SanDisk shares fell about 1.5% to 2% in early premarket trading, extending losses for a second day. Micron stock came under pressure as investors reduced exposure ahead of its September 30 earnings report. Michael Burry’s short position added caution around memory-chip valuations and the risk of a future cyclical slowdown. Samsung’s HBM4 [...]
The post Micron (MU) Stock Drops as Burry Bet Raises Pressure appeared first on Blockonomi.
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