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Why Palantir, Apple, and Micron Rallied Monday


The continuing threat of a far-reaching trade war and on-again, off-again tariffs has sparked historic volatility in the stock market in recent weeks. The dour mood resulting from ongoing correction has been offset by waves of euphoria, with investors latching onto any positive developments to bid up stocks from recent lows. A bit of good news over the weekend sparked a broad-based rally to kick off the week.

With that as a backdrop, artificial intelligence (AI) specialist Palantir Technologies (NASDAQ: PLTR) surged 4.6%, semiconductor supplier Micron Technology (NASDAQ: MU) jumped 2.6%, and iPhone maker Apple (NASDAQ: AAPL) rallied 2.4%, as of 11:52 a.m. ET on Monday.

Image source: Getty Images.

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Source Fool.com

Micron Technology Inc. Stock

€386.70
-0.440%
The price for the Micron Technology Inc. stock decreased slightly today. Compared to yesterday there is a change of -€1.700 (-0.440%).
With 142 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 435 € there is a slightly positive potential of 12.49% for Micron Technology Inc. compared to the current price of 386.7 €.
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