Micron Stock Enters Bear Market, Becomes S&P 500's Cheapest

Micron Technology's stock has fallen into a bear market, with its price-to-earnings multiple dramatically compressing due to surging earnings expectations and a decline in share price, making it the cheapest stock in the S&P 500.

26 Mar, 21:33 — 26 Mar, 21:33

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marketwatchMostly Factual1h ago

Micron’s stock falls into a bear market — and it’s now the cheapest in the S&P 500

Micron’s price-to-earnings multiple has compressed dramatically, as earnings expectations have surged and the stock has fallen.

By Britney Nguyen

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Micron Stock Enters Bear Market, Becomes S&P 500's Cheapest

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Micron’s stock falls into a bear market — and it’s now the cheapest in the S&P 500

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