Why Micron Stock Sank Today

Micron (Nasdaq: mu) The ground arrows were lost in the very volatile trading session on Tuesday. The company’s share price closed today by 5.2 % despite its 6.7 % increased in the day. At the same time, and S & P 500 and Nasdak He ended the session with a decrease of 2.1 % and 2.9 %, respectively.

The stock market jumped early in trading today after news that trade negotiations between the United States and Japan were imminent, but the gains did not keep them. Some investors took the recovery rally as an opportunity to get out of shares, and the sales are intensified after the Trump administration confirmed the 104 % definition plans on products from China.

The news that a team of officials from Japan will meet with Treasury Secretary Scott Besent and American Trade Representative, Jameson Jarir to negotiate a bilateral trade agreement that helped stimulate the momentum of the apocalypse of the stock market this morning, but the upscale background did not last for a long time. The Trump administration’s assertion that the customs tariff for Chinese goods will rise to 104 % cumulative in the middle of the night that led to a landfill reflection of the market. This made the clay worse for Micron, Jarir stated that the customs tariff exemptions of the semi -conductors and pharmacists were present because these groups required their “private investigations.”

Micron is a US -based company, but it depends on manufacturing facilities in countries including Taiwan and Japan to produce some memory chips and storage solutions. If the definitions are applied to its external products, the company may end in the face of the large opposite winds. Even if the customs tariffs are not applied to its products in the United States, there is a risk that you will encounter higher import taxes in other markets and the demand sees the weaker in a weaker way as customers modify purchases in response to the expectations of weaker growth.

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