https://www.live-feeds.com/feed/micron-just-closed-below-800-for-the-first-time-since-julyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/micron-just-closed-below-800-for-the-first-time-since-julyhttps://www.live-feeds.com/feed/micron-just-closed-below-800-for-the-first-time-since-july#u185938Sun, 08 Nov 2026 12:36:18 +0000Micron Technology shares dropped 7% in a single session to close at $795.23, falling below the $800 threshold for the first time since July. The sharp decline shaved billions from the company's valuation, extending a broader five-session loss of about 19%. Despite reporting record profits and securing contracts locked in through 2030, investor sentiment cooled amid fears that soaring memory-chip prices might constrain demand from major customers such as personal computer and smartphone manufacturers. The equity currently trades at five times forward earnings.Why it mattersThe steep downtu