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Market Impact: 0.35

Micron Falls 4% as Kioxia's Cautious Outlook Hits Memory Stocks; Western Digital Drops 5%, SanDisk Slides 3%

Source: 247wallst.com

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Micron Falls 4% as Kioxia's Cautious Outlook Hits Memory Stocks; Western Digital Drops 5%, SanDisk Slides 3%

A cautious forecast from Kioxia Holdings, Japan’s largest memory chipmaker, reversed an overnight gain in Micron Technology and weighed on memory stocks. Micron shares were down 4% in the afternoon at $853.34.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

MU-0.45

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