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Why Did Micron Stock Drop on Monday?


Micron (NASDAQ: MU) stock tumbled 6% Monday morning before clawing its way back to about a 1.8% loss as of 12:55 p.m. ET in the afternoon. But it's curious that Micron dropped at all today...

Because today was the day that analysts at TD Cowen predicted Micron stock will surge 55%, and eventually hit $600 a share.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€368.85
1.650%
Micron Technology Inc. gained 1.650% today.
The stock is one of the favorites of our community with 142 Buy predictions and 1 Sell predictions.
As a result the target price of 425 € shows a slightly positive potential of 15.22% compared to the current price of 368.85 € for Micron Technology Inc..
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