Why Micron Stock Is Under Pressure Today
Despite the bullish backdrop for the broader market, (NASDAQ: MU) stock is in the red in Monday's trading. The company's share price was down 0.3% as of 1:05 p.m. ET. Meanwhile, the S 500 and the Nasdaq Composite were up 1.2% and 1.9%, respectfully.
Micron stock was down as much as 6.4% soon after the market opened, but it has managed to regain substantial ground as the day has progressed. While the stock is up 684% over the last year as of this writing, it's also down 32% from its high.
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Source Fool.com
Micron Technology Inc. Stock
€787.90
1.570%
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 64.61% for Micron Technology Inc. compared to the current price of 787.9 €.
