India, July 1 -- Shares of Micron Technology, Inc. (MU) are slipping about 8 percent on Wednesday morning after the company announced a strategic customer agreement with General Motors Co. (GM) to secure a long-term supply of memory and storage products used in vehicle production.
Shares of the company slipped 8.61 percent to $1,054.02 on the Nasdaq, compared with the previous closing price of $1,154.29. The stock has traded in a 52-week range of $103.38 to $1,255.00.
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