Stock Market Today, March 26: Micron Technology Slides as Analysts Shift Toward GPU Names and Earnings Concerns Grow

Micron closed Thursday at $355.46, down 6.97% after analyst downgrades and growing concerns about AI compression technology and earnings quality. The selloff reflects investor scrutiny of AI-memory demand and margin prospects, with analysts lowering expectations and pressuring the stock.

Analysis

Micron closed Thursday at $355.46, down 6.97% after analyst downgrades and growing concerns about AI compression technology and earnings quality. The selloff reflects investor scrutiny of AI-memory demand and margin prospects, with analysts lowering expectations and pressuring the stock.