Micron Shares Plunge 13%, Wiping Out $180 Billion in Market Value
Reported by Dow Jones Newswires
Sentiment
Negative
Importance
9
Price
$1,060.11
Mkt Cap
$1.186T
52W Low
$103.38
52W High
$1,213.56
Market data snapshot near publication time
Summary
Micron's stock plunged 13% on Tuesday, resulting in a $180 billion loss in market capitalization. This sharp decline marks a significant reversal from the company's recent rally, which saw its market cap exceed $1 trillion driven by strong demand for memory chips and AI expectations. The substantial loss indicates a material shift in investor sentiment or a significant market correction for the semiconductor giant.
At the time of this announcement, MU was trading at $1,060.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.2T. The 52-week trading range was $103.38 to $1,213.56. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.
Price Chart
MU - Latest Insights
MU
Jun 23, 2026, 5:00 PM EDT
Price at Filing:
$1,060.11
Real-time Price:
$1,080.00
Change:
+$19.89 (+2%)
Market Cap:
$1.186T
MU
Jun 23, 2026, 2:24 PM EDT
Price at Filing:
$1,058.20
Real-time Price:
$1,080.00
Change:
+$21.80 (+2%)
Market Cap:
$1.186T
MU
Jun 23, 2026, 1:19 PM EDT
Price at Filing:
$1,077.40
Real-time Price:
$1,080.00
Change:
+$2.61 (+0.24%)
Market Cap:
$1.186T
MU
Jun 23, 2026, 3:13 AM EDT
Price at Filing:
$1,230.50
Real-time Price:
$1,080.00
Change:
-$150.50 (-12%)
Market Cap:
$1.186T
MU
Jun 23, 2026, 2:54 AM EDT
Price at Filing:
$1,230.50
Real-time Price:
$1,080.00
Change:
-$150.50 (-12%)
Market Cap:
$1.186T
MU
Jun 22, 2026, 6:02 PM EDT
Price at Filing:
$1,239.71
Real-time Price:
$1,080.00
Change:
-$159.71 (-13%)
Market Cap:
$1.186T
MU
Jun 22, 2026, 9:00 AM EDT
Price at Filing:
$1,196.83
Real-time Price:
$1,080.00
Change:
-$116.83 (-10%)
Market Cap:
$1.186T
MU
Jun 22, 2026, 3:13 AM EDT
Price at Filing:
$1,151.80
Real-time Price:
$1,080.00
Change:
-$71.80 (-6%)
Market Cap:
$1.186T
MU
Jun 19, 2026, 3:13 AM EDT
Price at Filing:
$1,151.80
Real-time Price:
$1,080.00
Change:
-$71.80 (-6%)
Market Cap:
$1.186T
MU
Jun 17, 2026, 7:00 AM EDT
Price at Filing:
$1,053.00
Real-time Price:
$1,080.00
Change:
+$27.00 (+3%)
Market Cap:
$1.186T