Since reporting blowout earnings March 18, the memory maker's shares have slid about 30%.
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Micron
shares plummeted 10% on Monday, continuing the memory maker's significant post-earnings sell-off.
The company snapped a six-day slide on Friday with a modest gain, but with Monday's loss, the stock is down 30% since its blowout earnings report on March 18.
Other tech names also saw big losses Monday as oil climbed with the Iran war entering a fifth week and President Donald Trump threatening to destroy the country's oil facilities. Neocloud companies CoreWeave
Micron's revenue almost tripled in the last quarter, but the memory company's stock has sunk about 15% since reporting earnings…
Wednesday's blockbuster earnings were not enough to stop shares in Micron Technology from falling 5.5% in pre-market trading.
Micron Technology shares caught fire this week amid a global shortage of memory chips. The stock is heading for its best week…
As generative AI models get more sophisticated, companies need more memory and faster memory, Micron CEO Sanjay Mehrotra said in…
Micron is among the "most hyped stocks on social media" as retail enthusiasm simmers
Micron's stock has soared this year while its tech peers have struggled, as the impact of rising memory costs ripples across the…
