Stocks like Micron Technology, Novo Nordisk, MicroStrategy, and Coinbase experience volatility due to Fed's rate cuts.

From Investing.com: 2024-12-21 05:00:00

Investing.com highlighted the Federal Reserve’s cautious rate cut path, leading to volatility in stocks like Micron Technology, Novo Nordisk, MicroStrategy, and Coinbase. Micron shares dropped 16% after disappointing Q1 earnings and a weak outlook for Q2. Novo Nordisk’s CagriSema trial results fell short, causing a 17.4% stock decline. MicroStrategy and Coinbase saw price fluctuations, with Bitcoin trading at $97,075.



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