Micron shares see sharpest two-day drop since April 2025
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Micron's shares experienced a nearly 13% drop over two days, marking the steepest decline since April 2025, following an all-time high just a week prior. Factors contributing to the sell-off include geopolitical uncertainty, threats of a Samsung strike, and disappointing outcomes from the U.S.-China summit. Despite the drop, Micron's stock remains 118% above its 200-day moving average, raising concerns about the sustainability of its recent gains.
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