A Big Catalyst for Micron Stock?
I'm not sure if you noticed, but volatile Micron Technology, Inc. (NASDAQ:MU) has been surging on the chart with MU stock up 87% since a 52-week low of $9.31 in January. Micron has an erratic trading history and the scope of this advance is puzzling.
With MU stock now approaching the $19.00 level encountered in October 2015, there is speculation swirling that Micron could see a takeover bid surface from a suitor with deep pockets, who would be willing to pay more than the current $18.0 billion market cap..
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I'm not sure if you noticed, but volatile Micron Technology, Inc. (NASDAQ:MU) has been surging on the chart with MU stock up 87% since a 52-week low of $9.31 in January. Micron has an erratic trading history and the scope of this advance is puzzling.
With MU stock now approaching the $19.00 level encountered in October 2015, there is speculation swirling that Micron could see a takeover bid surface from a suitor with deep pockets, who would be willing to pay more than the current $18.0 billion market cap..
Den vollständigen Artikel lesen ...