Micron Will Miss $1,050 After 7.89% One-Day Drop

Micron will not hit $1,050 in the week of August 24 after a sharp intraday reversal erodes momentum. Shares are trading at $890.51 on August 24, a decrease of 7.89% for the day, leaving the stock well below the $966.78 close on August 21 and the July highs near $1,225. Even with fiscal third-quarte…