Micron Stock Up 8% Since Q4 Earnings
Micron Stock Up 8% Since Q4 Earnings: What Should Investors Do Now?
Micron Technology, Inc. MU has seen its stock rise by 7.8% since releasing its fourth-quarter fiscal 2024 results on Wednesday. This impressive uptick outpaces not only the broader tech sector but also major indices like the S&P 500.
Great News for Micron Stock Investors
Micron (NASDAQ: MU) gave investors reasons to cheer with an optimistic forecast for 2025. *Stock prices used were the afternoon prices of Sept. 27, 2024. The video was published on Sept. 29, 2024. Before you buy stock in Micron Technology, consider this:
U.S. Stocks Move Higher On Micron News, Upbeat Economic Data
The S&P 500 rose 23.11 points or 0.4 percent to a new record closing high of 5,745.37, the Dow advanced 260.36 points or 0.6 percent to 42,175.11 and the Nasdaq climbed 108.09 points or 0.6 percent to 18,190.29. The early rally on Wall Street partly reflected strength in the tech sector, with chipmaker Micron (MU) helping lead the way higher.
Is Micron Technology a Good Semiconductor Stock to Buy After Earnings?
Shares of Micron Technology (MU) rallied by more than 14% in a single trading session last week following its fiscal Q4 results. The company also forecast higher-than-expected sales for Q1 of fiscal 2025 (which ended in November),
Where Will Micron Stock Be in 2025?
Management envisions a market with increasing demand and decreasing supply, which signals an excellent pricing dynamic.
Citi Sets Expectations on Micron Stock Ahead of Earnings
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