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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

€760.90
-0.590%
The price for the Micron Technology Inc. stock decreased slightly today. Compared to yesterday there is a change of -€4.500 (-0.590%).
With 160 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1293 € there is a hugely positive potential of 69.93% for Micron Technology Inc. compared to the current price of 760.9 €.
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