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Micron Stock Rallies To New Heights But A Warning Signal Lurks

Micron Stock Rallies To New Heights But A Warning Signal Lurks

Micron Technology (MU) has asserted its top spot in the IBD 50 list of elite growth stocks with its blowout financial update, underscoring hot demand for its memory chips in the artificial intelligence boom. But the stock is quite extended and close to flashing a warning signal to investors.  During Thursday’s session, Micron stock gapped up nearly 20% to an…

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