Micron Technology (MU) stock experienced minor profit-taking, closing slightly down at $292.63, following a recent surge fueled by robust demand for AI memory and anticipated HBM shortages extending through 2026.
- Analysts maintain strong buy ratings, setting price targets as high as $500.
- The slight decline occurred amid a subdued broader market and followed the stock's recent record high of $294.37.
- The stock traded slightly lower after hours at $292.50 (-0.04%).