Micron’s $60 Billion Selloff Reveals the 2028 Margin Bet Behind Its ‘Cheap’ Stock
Micron Technology fell 5.3% to $927.10 at 1:51 p.m. EDT on Monday, after touching $902.64, a drop of 7.8%. The retreat erased about $59.8 billion from its equity value compared with Friday’s close as a semiconductor selloff that began in Asia reached U.S. trading.
