Why Micron Stock Jumped Today
Following recent sell-offs, (NASDAQ: MU) stock saw a day of strong rebound trading on Wednesday. The company's share closed out the day up 4.8% and had been up as much as 5.3% earlier in the session. The S 500 index's level ended the day up 1%, and the Nasdaq Composite closed out the day up 1.5%.
On the heels of bearish pressures for the broader market, stocks saw a strong rebound in today's trading. Bullish momentum for the semiconductor trade resumed today, and Micron's share price climbed in conjunction with general market trends.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Aktie
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