TradingKey – Micron (MU) shares are trading around $1,032 to $1,037, roughly 10.6% below Tuesday’s close of $1,154.29, after reaching an all-time intraday high of $1,255.00 on June 25. Even after the recent pullback, the stock remains up an extraordinary 305% year-to-date through Tuesday and more than 855% over the past twelve months. Investors who bought in at the top have seen a sharp drop in just a couple of sessions, and those who were waiting for a better entry have now found it. Importantly, this isn’t a Micron-only selloff. It’s been a general reset across the memory market, and that’s why the focus should be on the business, not the recent price action.