Why Micron Stock Jumped Today
(NASDAQ: MU) stock rose in Tuesday's trading. The memory technologies company's share price climbed 4.7% in the daily session. Meanwhile, the S 500 (SNPINDEX: ^GSPC) gained 1.1%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) climbed 1.4%.
Micron's valuation got a boost today as macroeconomic and geopolitical developments pointed to a more favorable backdrop for investors. Excitement surrounding the company's quarterly report tomorrow may have also factored into the valuation move.
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Source Fool.com
Micron Technology Inc. Stock
€311.25
0.240%
The stock is an absolute favorite of our community with 133 Buy predictions and no Sell predictions.
As a result the target price of 340 € shows a slightly positive potential of 9.24% compared to the current price of 311.25 € for Micron Technology Inc..
