Micron Technology, Inc. (NASDAQ: MU) saw its stock take a significant hit on Tuesday, dropping 8% in a single trading session. This sharp decline wasn’t an isolated incident but part of a broader market sell-off triggered by disappointing economic data. The weaker-than-expected August 2024 manufacturing report from the Institute for Supply Management (“ISM”) sent shockwaves through the market, particularly affecting tech stocks. The ISM’s Manufacturing Purchasing Managers’ Index for August came in at 47.2, missing the expected 47.9 mark. While this was a slight improvement from July’s 46.8, it…