Micron Technology (MU) Stock Plummets Over 12% in NASDAQ Sell-Off

NEW YORK — Shares of semiconductor giant Micron Technology Inc (NASDAQ: MU) experienced a dramatic double-digit percentage drop during mid-day trading on April 10th, making it one of the notable decliners on the NASDAQ.

As of 12:17 PM UTC-4, Micron stock was trading sharply lower at 9.36 from its share price today alone. The sell-off pushes the stock significantly below its previous closing price of $77.87.

The intraday chart for MU paints a stark picture of the selling pressure. After opening lower, the stock attempted a brief stabilization period before resuming a steep descent throughout the late morning and into the early afternoon. The price hit the $68.51 mark just after 12:15 PM, indicating sustained bearish momentum.

This substantial downward move in Micron (MU) shares is drawing considerable attention from investors and market analysts tracking the semiconductor sector and broader technology trends on the NASDAQ.