Micron Technology MU has seen volatility in its share price. Recently, it faced a 2.1% drop, but also saw a rise of 3.1% soon after. Various organizations like Doliver Advisors LP, Somerset Trust Co, and Centaurus Financial Inc. have increased their stakes in the company. However, Mackenzie Financial Corp and Two Sigma Investments LP sold significant shares. Analysts give Micron stock a 'Moderate Buy' rating, but Jim Cramer suggests it's more suitable for trading than a long-term investment. The stock is considered undervalued by hedge funds, with multiple parties indicating upside potential, and expectations that the share price could double in three years. Despite a 27% weekly price drop following the announcement of AI Memory Solutions, Micron's restructuring around AI with a new Cloud Memory Division suggests foresight. Investment search for Micron MU has surged. Due to the mixed options sentiment amid price upticks and rumors of high potential returns, Micron Technology remains in the spotlight.
Micron Technology MU News Analytics from Wed, 18 Dec 2024 08:00:00 GMT to Sat, 31 May 2025 18:17:59 GMT -
Rating -1
- Innovation 5
- Information 7
- Rumor 6