Micron Stock Falls Into Bear Market, Down 22.66% Since June Peak to $938.38 on July 7

MU1.10%
On July 7, Micron Technology shares closed at $938.38, marking a retreat of 22.66% from the all-time closing high of $1,213.37 reached on June 25, officially entering bear market territory. Intraday lows hit $891.66, representing a 28.94% decline from the June 25 intraday peak. The selloff was driven by investor concerns over elevated valuations and doubts regarding the sustainability of AI infrastructure investment.
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