More than 360k margin accounts were forced into liquidation in Korea, per Citi.
62% of those wiped out were reportedly under the age of 35
There is probably substantial squeeze fuel in today’s tape. But MSFT is primarily an index-moving fundamental repricing. MU is a cyclical/AI-memory repricing being accelerated by squeeze mechanics.
MSFT’s roughly 17% move added about $575 billion in market value. MU’s roughly 18% added about $179 billion—MSFT’s dollar impact was about 3.2× larger. MSFT also influences the float-cap-weighted S&P 500, the modified-cap-weighted Nasdaq-100, and the price-weighted Dow; MU is not a Dow component
$CRWV is a clear squeeze tell.
MSFT +17% says fundamental repricing with enormous index impact.
MU +18% says cyclical AI beta plus squeeze mechanics.
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