Micron Stock Falls as Strike Threat Adds to Chip-Sector Gloom
Micron Technology shares were down 2.8% in premarket trading as the semiconductor sector slumped and a strike threat emerged in Taiwan.
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Micron Stock Falls as Memory Plant Threat Adds to Chip-Sector Gloom -- Barrons.com
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Micron Technology (MU) shares fell in early morning trade on Wednesday, on track to extend their three-day slide, after a Taiwan union reportedly won authorization to strike over the company’s bonus scheme dispute.According to a Reuters report, 1,994 members of the union representing workers at Mic…
Micron Technology was struggling to hold above the $1,000 level. 8% at $1,016 in premarket trading on Wednesday, with the stock under pressure alongside a broader selloff in the semiconductor sector and a strike threat in Taiwan.