Why Micron Stock Is Gaining Today
After sell-offs in yesterday's trading, (NASDAQ: MU) stock is moving higher in Friday's session. The memory-chip company's share price was up 4.8% as of 3:45 p.m. ET. The S 500 was down 0.6% at the same point in the session, and the Nasdaq Composite had declined 1.1%.
The broader stock market has continued to see volatility today due to dynamics connected to the U.S. and Israel's war with Iran, but Micron stock is moving higher. Its share price is getting a boost from positive analyst coverage ahead of the company's upcoming quarterly report.
Image source: Getty Images.
Source Fool.com
Micron Technology Inc. Stock
€365.10
-5.320%
The stock is one of the favorites of our community with 143 Buy predictions and 1 Sell predictions.
As a result the target price of 414 € shows a slightly positive potential of 13.39% compared to the current price of 365.1 € for Micron Technology Inc..
