Market News / Story
MU Stock Slides For Fourth Day: Taiwan Union Reportedly Secures Strike Authorization Over Bonus Dispute
Stocktwits ·
Stocktwits reports: Micron Technology (MU) shares fell in early morning trade on Wednesday, on track to extend their three-day slide, after a Taiwan union reportedly won authorization to strike over the company’s bonus scheme dispute. According to a Reuters report, 1,994 members of the union representing workers at Micron’s Taoyuan operations in northern Taiwan voted in favor of a strike, accounting for 99% of those who cast ballots. However, the authorization does not mean workers have…