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Why Micron Stock Was Rallying Today

TheMotleyFool 
0 0 21.03.24
Why Micron Stock Was Rallying TodayPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

Shares of Micron Technology (NASDAQ: MU) were surging today after the memory chip specialist posted better-than-expected results in its fiscal second-quarter earnings report and gave strong guidance due to AI-driven demand.

As a result, the stock was up 15% as of 10:45 a.m. ET.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€754.70
-1.330%
We can see a decrease in the price for Micron Technology Inc.. Compared to yesterday it has lost -€10.200 (-1.330%).
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 71.86% for Micron Technology Inc. compared to the current price of 754.7 €.
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