Shares of Constellation Energy Corp. were on track for a significant selloff, nearing their lowest levels since before a 20-year power-purchasing agreement with Microsoft Corp. was signed in September. The stock was in danger of setting a record low as investors reacted to the news, reflecting concerns about the company’s performance following the deal with Microsoft.
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Why Did Micron Stock Drop Today?
Shares of Micron Technology (NASDAQ: MU) fell 5.2% on Thursday morning, primarily due to issues attributed to Samsung, rather than any specific actions by Micron itself. The decline highlights the interconnected nature of the semiconductor industry and how external factors can significantly impact stock performance. Want More Context? 🔎
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