Micron Craters 13%: 'If You Go Hyperbolic Up, You Can Go Hyperbolic Down,' Silvant Exec Says - Micron Tec

Micron’s stock selloff and the broader memory slump highlight how quickly sentiment can reverse after steep gains. The article reports Micron fell 13% on Tuesday after a near-10% drop for memory-related shares in South Korea’s KOSPI, dragging companies including Samsung and SK Hynix. It adds that volatility spilled into Wednesday ahead of earnings. The veteran manager cited in the piece says the run-up could still come down rapidly, warning that even a strong quarter may not satisfy traders after the shares more than doubled in months. He links the swings to forced capital movement ahead of index weight changes at week’s end and to profit-taking as investors prepare for major liquidity events, including the recent SpaceX IPO and anticipated arrivals of Anthropic and OpenAI. Options-style market chatter shows a 96% chance of beating earnings on Polymarket, with shares trading around $1,068.