Micron Shares Plummet After Weak Earnings Report
Micron shares experienced their steepest decline since 2020, plunging sharply after the company released a disappointing earnings report and weaker-than-expected guidance for the upcoming second quarter - Investors reacted negatively, reflecting concerns over market demand and pricing pressures in the semiconductor industry - This downturn highlights the ongoing challenges Micron faces as it navigates a competitive landscape.
