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Micron Technology shares fell 5% on Friday as a global sell-off in technology stocks dragged the sector broadly lower.
The decline placed Micron among the session's harder-hit names in a move defined by widespread selling pressure rather than any single company's news.
Sector-Wide, Not Company-Specific The shape of Friday's move matters as much as the size of it.
When selling sweeps technology stocks globally, the read is fundamentally different from a company-specific event — an earnings miss, a guidance cut, a product recall.
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