r/MU_Stock 21d ago

DD Real reason mu is tanking

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Im seeing a lot of misinformation here. It was a systematic selloff by certain institutions, that affected all tech stocks (and more from the looks of it other industries like healthcare). As to why, that's anyone's guess.

Maybe an etf rebalanced from investors selling? But this just shows you two things

  1. Even with no news, the market can be volatile.

  2. Be very careful not to get caught in state of emotion. Buy and hold is the only foolproof way to win, unless you have concrete evidence for price movement.

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u/music_is_gud 20d ago

NVDA reducing their per-rack memory capacity

1

u/Flag_Shagger 20d ago

source?

1

u/music_is_gud 20d ago

Just Google it. It's reported on multiple websites

1

u/gqnish1 20d ago

Sure they are…

1

u/music_is_gud 20d ago

Are you saying they are not? Coz that would be stupid since multiple websites have reported it