Why Micron Stock Is Soaring Today
(NASDAQ: MU) stock is bouncing back Wednesday after a substantial sell-off in Tuesday's trading. The company's share price was up 7.1% as of 12:30 p.m. ET. At the same point in the session, the S 500 had risen 0.8%, and the Nasdaq Composite was up 1.3%.
Investors moved out of tech stocks in response to fears stemming from the U.S. and Israel's war with Iran, but that trend is reversing today. The market seems to be betting that the conflict could be resolved in the not-too-distant future, and Micron's valuation is getting a boost.
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Source Fool.com
Micron Technology Inc. Stock
€317.50
-0.140%
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 387 € shows a positive potential of 21.89% compared to the current price of 317.5 € for Micron Technology Inc..
