Why Micron Stock Is Soaring Today
(NASDAQ: MU) stock is bouncing back Wednesday after a substantial sell-off in Tuesday's trading. The company's share price was up 7.1% as of 12:30 p.m. ET. At the same point in the session, the S 500 had risen 0.8%, and the Nasdaq Composite was up 1.3%.
Investors moved out of tech stocks in response to fears stemming from the U.S. and Israel's war with Iran, but that trend is reversing today. The market seems to be betting that the conflict could be resolved in the not-too-distant future, and Micron's valuation is getting a boost.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
365,10 €
-5,32 %
Mit 143 Buy-Einschätzungen und nur 1 Sell-Einschätzungen ist Micron Technology Inc. einer der Lieblinge unserere Community.
Für Micron Technology Inc. ergibt sich mit einem Kursziel von 414 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 365.1 €.
