Micron falls 4% after Kioxia's cautious forecast, dragging memory stocks lower
A cautious forecast from Kioxia Holdings for the December quarter turned a gain in Micron Technology into a loss and pulled memory stocks lower. Micron trades at $853.34, down 4% and down 20% over the past month. Western Digital falls 5% and SanDisk 3%. Kioxia guided December-quarter operating profit to 2 trillion yen, only slightly above the prior quarter and below analyst estimates, attributing the outlook to shipment timing.














