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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%
Micron Technology Inc. shows a slight decrease today, losing -€4.500 (-0.590%) compared to yesterday.
The stock is one of the favorites of our community with 160 Buy predictions and 1 Sell predictions.
As a result the target price of 1293 € shows a very positive potential of 69.93% compared to the current price of 760.9 € for Micron Technology Inc..
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