🔴 MU is trading 3.7% down today on hot CPI and rising geopolitical tensions

MU is trading at $765.84 (-3.71%) during today's open as hotter-than-expected inflation and geopolitical tensions drive a broader market pullback.

• The stock is retreating from yesterday's $795.33 close (+6.50%) alongside a 0.52% decline in the S&P 500 and a 0.82% drop in the Nasdaq.
• A 3.8% CPI reading has dampened hopes for Federal Reserve rate cuts, while escalating U.S.-Iran tensions have pushed oil prices above $107 per barrel.