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Micron Technology shares plunge, falling more than 40% from 52-week high

The Motley Fool +2 · ·by G4L

MU Micron Technology Inc
$724.61 -1.16%
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  1. 1Micron Technology shares have plummeted amid recent weakness in the technology sector.
  2. 2The stock price has fallen more than 40% from Micron Technology's 52-week high of $1,255.
  3. 3Investors are concerned about whether growth can be sustained after the memory shortage ends.

So what's the key point?

Micron Technology shares have dropped significantly as the tech sector has struggled recently. There are concerns about whether the company can continue to grow once the memory shortage is over.

Source The Motley Fool +2 · View original ↗

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