Micron Drops 13% in Worst Day in Over a Year
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Micron shares fell 13% on Tuesday, with Barron's calling it the stock's worst single-day decline in more than a year
- Micron was set to report third-quarter earnings, with Yahoo Finance framing the report against 'sky-high demand from data centers'
Why it matters: A 13% one-day drop — the worst in more than a year — wiped out a meaningful slice of Micron's market cap (per WSJ) just as the company prepared to deliver third-quarter results, sharpening the stakes of the print itself.
Ask SkimNews
