MU is trading at $365.80 (-3.58%) in pre-market as the stock continues to face pressure from a broader technology selloff and AI-related growth concerns.
- The decline follows a sharp -9.55% drop on February 04, coinciding with a Nasdaq retreat of over 2% driven by aggressive sector rotation.
- Sentiment in the semiconductor space remains dampened by hawkish Fed expectations, largely overshadowing a minor +0.10% recovery in broader market futures.