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Why Did Micron Stock Pop Today?


Micron (NASDAQ: MU) stock took another tumble Tuesday after The Wall Street Journal reported it will spend $50 billion building two new chip factories in Boise, Idaho.

One day later, investors seem to have gotten over their freak-out. Shares that slid 3% yesterday are leaping ahead 6.9% through 11:50 a.m. ET Wednesday, winning back all of yesterday's losses -- and more.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€775.70
7.560%
Micron Technology Inc. dominated the market today, gaining €54.50 (7.560%).
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1297 € there is a hugely positive potential of 67.2% for Micron Technology Inc. compared to the current price of 775.7 €.
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