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Micron falls 3.24% after Nvidia CEO exit, easing memory rally

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Micron Technology Inc (NASDAQ:MU) shares fell 3.24% to $785 at 9:35 a.m. ET in early regular-session trading on November 12 as NVIDIA's CEO resignation knocked memory names off their rebound, after Micron and SK hynix each traded about…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishMemory stocks sliding on AI-sector worries weigh on the semiconductor group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Micron fell 3.24% to $785 in early trading.
  2. 02SK hynix traded about 4% lower before the open.
  3. 03Micron had surged 11.89% the previous day.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Micron Technology, Inc.MUStock789.30 USD-0.58%today -2.71%Negative NVIDIA CorporationNVDAStock164.59 USD-0.24%today -5.26%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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