MU is trading at $644.12 (-3.37%) as the stock pulls back from yesterday's rally fueled by AI data-center SSD momentum and a $700B valuation milestone.
- The reversal follows a +4.12% surge to $666.59 on May 6, with today's decline appearing to be driven by profit-taking amid mixed market conditions.
- Despite the drop, recent analyst notes highlight robust Q2 guidance of $18.70B in revenue and $8.42 EPS, supported by DRAM price surges of over 90%.