Micron (MU), AST SpaceMobile (ASTS), And Adobe (ADBE) Sink In Premarket As China Chip Fears And Downgrades Strike
Micron Technology (MU), AST SpaceMobile (ASTS), and Adobe (ADBE) all declined in premarket trading Tuesday as a wave of negative catalysts hit each stock simultaneously. Micron shares fell more than 2.7% before the opening bell, extending a steep 3.9% decline from the prior session, rattling investors already on edge about competition from China. The selloff…