VanEck strategist: Micron’s 22% drop this month is “somewhat overdone,” and the market will rebound strongly after the panic subsides
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Glonghui, March 31 – Anna Wu, cross-asset strategist at VanEck Associates Corp., stated that Micron Technology has fallen by 22% this month, and this sell-off may be somewhat overdone. "Once the market moves past the war-time panic and realizes how cheap its valuation has become, I think it could see a rather strong rebound."
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