Micron Technology Decline Hits Semiconductor ETFs
May 09, 2011 at 10:52 AM EDT
A 5% pullback in Micron Technology (NasdaqGS: MU) shares weighed on exchange traded funds following the semiconductor sector on Monday. Micron shares were falling on high volume in morning action after the stock failed to find support at its 50-day moving average. “Micron’s price action is...