Why Micron Stock Popped Today
(NASDAQ: MU) stock jumped 4.5% through 10:45 a.m. ET Friday -- and investors can thank (NASDAQ: INTC) for that. Intel blew past analyst forecasts for $0.01 in pro forma earnings last night, reporting $0.29 per share instead. Sales of $13.6 billion likewise beat expectations.
Investors are exuberant, and they're buying everything semiconductor-related this morning.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€78.19
-0.780%
Currently there is a rather positive sentiment for Intel Corp. with 47 Buy predictions and 24 Sell predictions.
However, we have a potential of -5.36% for Intel Corp. as the target price of 74 € is below the current price of 78.19 €.
