MU is trading at $349.45 (-5.00%) as escalating U.S.-Iran tensions and rising oil prices drive a broad market sell-off.
- Geopolitical uncertainty spiked following President Trump’s address vowing hard hits on Iran, sending oil prices surging above $108/barrel on supply fears.
- The stock is tracking heavy tech sector pressure, with the NASDAQ down 1.73% and the S&P 500 down 1.22%.
- No company-specific news was found for Micron; the decline is attributed to macroeconomic headwinds and risk-off sentiment.