MU is trading at $399.42 (-3.14%) in pre-market on March 2, 2026, as escalating Middle East tensions and US-Israel strikes on Iran trigger a sharp broader market selloff.
- The decline tracks major indices, with the S&P 500 down 1.06% and the NASDAQ falling 1.43% amid rising oil prices and safe-haven flows.
- There is no company-specific news today; the stock is being pressured by macroeconomic volatility despite a positive India hub launch on Feb 28.
- Semiconductor stocks are facing significant pressure as investors rotate out of tech and into safe-haven assets.