Why Micron Stock Just Jumped
After defying a market sell-off Wednesday and rising, Micron (NASDAQ: MU) stock raced ahead another 7.7% through 10:40 a.m. ET Thursday after President Trump announced he has arranged a partnership between (NASDAQ: AAPL) and (NASDAQ: INTC), whereby Intel will manufacture semiconductor chips for Apple.
Apple stock is gaining more than 1% on the news, and Intel's up more than 7%.
And investors seem to think this is great news for Micron stock, too.
Source Fool.com
Intel Corp. Stock
€82.58
4.510%
Currently there is a rather positive sentiment for Intel Corp. with 47 Buy predictions and 24 Sell predictions.
However, we have a potential of -10.39% for Intel Corp. as the target price of 74 € is below the current price of 82.58 €.
