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Okay, so micron(MU) is down more than 7% today. This seems to show me an even split between peer contributions and other contributions. How should I interpret t
by skylarh 5y ago
Okay, so micron(MU) is down more than 7% today. This seems to show me an even split between peer contributions and other contributions. How should I interpret that and what should I do about it?
- whitej125 5y agoYep so in this case... that's saying that the peer group (chip/semi-conductors) is disconnected a bit from the rest of the market... and directionally its down. Micron specifcally has some "other" attribution too. Glancing at the other semis... they are mostly down because of just the peer factor. TLDR; Micron (MU) is leading the peer group down (in contrast to something like LCRX which is in that herd but following).