Micron Falls 5.5% on July 2 Despite Trump's Praise of 'Great American Company'

According to Barron's, Micron Technology stock fell 5.5% to $975.56 on July 2 (Thursday), despite President Trump's public praise calling it a 'great American company.' Trump posted on his social platform that Micron announced a $250 million investment into Trump Accounts, a tax-advantaged savings account for children under 18 set to launch on July 4. The decline reflects broader weakness in technology stocks experiencing profit-taking, with Micron up 240% year-to-date.
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