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Why Did Micron Stock Pop Again Today?

TheMotleyFool 
0 0 12.02.26
Why Did Micron Stock Pop Again Today?: https://g.foolcdn.com/editorial/images/856212/gold-question-mark-over-a-rising-green-stock-market-arrow-laid-out-on-graph-paper.jpg
 

For the second day in a row, Micron (NASDAQ: MU) stock moved higher on Thursday, up 3.7% through 10:30 a.m. ET. For the second day in a row, the reason is DRAM high-bandwidth memory (HBM).

And more precisely, how the laws of supply and demand link Micron's profits to HBM supply.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€371.80
5.400%
A very strong showing by Micron Technology Inc. today, with an increase of €19.05 (5.400%) compared to yesterday's price.
The stock is one of the favorites of our community with 137 Buy predictions and 1 Sell predictions.
As a result the target price of 386 € shows a slightly positive potential of 3.82% compared to the current price of 371.8 € for Micron Technology Inc..
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