Why Micron Technology Stock Trounced the Market Today

Why Micron Technology Stock Trounced the Market Today

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Summary

An upbeat analyst note on the looming future of the semiconductor industry and associated components makers, a researche...

An upbeat analyst note on the looming future of the semiconductor industry and associated components makers, a researcher flagged Micron Technology (MU 2.86%) as being a particularly undervalued title in that grouping. Following that, investors pounced on the chipmaker's stock to leave it with a nearly 3% price gain on the day.