Why Micron Stock Just Dropped
Easy come, easy go. Micron (NASDAQ: MU) stock briefly touched a new all-time high yesterday after analysts at Melius Research boosted the stock with a buy rating and a $700 price target, citing "unusual" demand for computer memory chips to support artificial intelligence. Micron stock is falling back a bit today, however, down 2.6% at 10 a.m. ET.
And here's the interesting part: It's also because of AI -- OpenAI.
Source Fool.com
Micron Technology Inc. Stock
€714.50
-5.860%
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1294 € there is a hugely positive potential of 81.11% for Micron Technology Inc. compared to the current price of 714.5 €.
