Sundry Photography/iStock Editorial through Getty Pictures Micron Engineering (NASDAQ:MU) shares fell 8% on Friday as expenditure agency Piper Sandler downgraded the memory chip maker, citing its “outsized publicity” to consumer electronics. Analyst Severe Kumar decreased his rating on Micron (MU) shares to underweight from neutral and slashed his per-share rate […]
Downgrades
Memory Stocks Tumble Just after Morgan Stanley Downgrades Micron
Text measurement Dreamstime Shares of Micron Technological know-how and other memory makers fell sharply Thursday just after Morgan Stanley released a report titled “Winter Is Coming,” warning of a hard pricing surroundings heading into up coming calendar year. In midafternoon trading, Micron (ticker: MU) and Western Digital (WDC) had been […]