Micron Stock Plunges 28% in a Month: Should You Hold or Exit?

Micron Technology, Inc. (MU) shares have plunged 27.8% over the past month and underperformed the Zacks Computer and Technology sector, which is down 13.9%. MU stock has also underperformed major semiconductor players, including Broadcom (AVGO) , NVIDIA (NVDA) and Advanced Micro Devices (AMD) .MU One-Month Price Return PerformanceImage Source: Zacks Investment ResearchThis steep decline raises the question: Should investors cut their losses and exit, or is the stock worth holding onto? While the near-term h ...