Crypto News Flash, Micron (MU) shares fell 5.25% (51.43 points) in pre-market trading. Earlier this month, the stock had rebounded to the $1,000 level, but it has been trending downward over the past week. Analysts believe Micron’s price adjustment is related to the broader industry downturn, with the Korean KOSPI index falling nearly 9% on July 13. Micron’s competitors, SK hynix and Samsung Electronics, fell more than 15% and 10%, respectively. In addition, oil prices rose nearly 4%, and the U.S. May inflation rate has climbed to 4.2%. Although the current drop is worrying, Wall Street analysts are optimistic about Micron’s future, saying long-term investing could deliver rich returns.