Highflying memory-chip stocks Micron Technology (MU) and Sandisk (SNDK) tumbled on Friday after hitting record highs on Wednesday.
In afternoon trades on the stock market today, Micron fell more than 8% to 908.08
It reached an all-time high of 1,089.29 on Wednesday amid booming sales related to data centers running artificial intelligence applications. Sandisk stock sank more than 8% to… Related news Stock Market Stalling Action Can Often Precede Market Pullbacks. Here’s How To Spot It. 5:03 AM ET The stock market is hitting headwinds.
Stalling is a subtle form of institutional selling in the indexes and individual stocks. 5:03 AM ET The stock market is hitting headwinds. Stalling is a subtle