|Bid||0.00 x 1000|
|Ask||0.00 x 1800|
|Day's Range||68.54 - 71.12|
|52 Week Range||49.30 - 96.96|
|Beta (5Y Monthly)||1.27|
|PE Ratio (TTM)||13.38|
|Earnings Date||Dec 22, 2021|
|Forward Dividend & Yield||0.10 (0.15%)|
|Ex-Dividend Date||Sep 30, 2021|
|1y Target Est||98.95|
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Micron Technology stock is trading higher. A Taiwan earthquake impacted production at the company’s DRAM plant in Taoyuan, and investors see prices rising.
Shares of Micron Technology Inc. are up 1.9% in Monday trading after analysts suggested that recent disruptions to production could help pricing for the memory industry.
Shares of computer memory maker Micron Technology (NASDAQ: MU) enjoyed an unexpected upsurge in Monday morning trading -- unexpected because much of the news on Micron today is negative. Multiple analysts downgraded the stock, cut its price target, or warned of production cuts -- or some combination of the three -- but as StreetInsider.com reported today, one analyst in particular argues that Micron stock could defy the bad news and double in price. Shares of Micron are up 2.5% as of 10:40 a.m. EDT.