Micron stock slips in early trade despite S&P credit upgrade as investors eye March 18 results
Micron shares fell 0.8% to $412.09 early Friday, following a 3.1% drop Thursday, as tech stocks slid. S&P Global Ratings upgraded Micron’s credit to BBB with a positive outlook, citing AI-driven cash flow. IDC warned of a record smartphone shipment decline in 2026 due to rising memory prices. Prime Minister Modi will inaugurate Micron’s new facility in India on Saturday.