US Stock Market Movement | Storage concept stocks collectively fell before the opening, Micron Technology dropped over 4%, high spending plans raise concerns
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Glonghui March 19|US stock storage concept stocks collectively fell in pre-market trading, with Micron Technology down more than 4%, SanDisk down nearly 4%, Western Digital down more than 2%, and Seagate Technology down more than 1%. On the news side, Micron Technology's Q2 fiscal revenue nearly tripled, with guidance far exceeding expectations, but its high spending plans have raised concerns.
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