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Why Micron stock is down 5% on Samsung strike fears

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Micron Technology shares fell roughly 5% today, pulling the stock to approximately $735 from recent highs and reducing the Boise, Idaho chipmaker’s market capitalization to around $838 billion. The selloff came as 2 pressures arrived at the same time: a planned 18-day strike at Samsung Electronics that could disrupt global memory supply, and a broader […] The post Why Micron stock is down 5% on Samsung strike fears appeared first on Rolling Out .

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