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MU Stock Falls Premarket After Worst Month In 11 Years: Analysts Say Memory Demand Intact, See 85% Upside
in5points
Micron Technology (MU) stock fell premarket after its worst month in 11 years, amid volatile memory chip stocks.
Analysts maintain that memory demand remains intact, with some seeing 85% upside for MU.
July's market sentiment was still fragile, contributing to the decline in memory chip stocks.
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Rajeev Chandrasekhar / Jupiter Capital interests historically