TradingKey – Micron strongly breaches the $1,000 level, with extreme market bullishness targeting $2,200.
On August 17 Eastern Time, Micron Technology (MU) stock price continued to rebound strongly, breaking through the $1,000 mark again after three weeks. In pre-market trading today, Micron’s stock price rose nearly 7% to around $1,007, hitting its highest level since July 23. So, will Micron’s stock price continue to rise and set new highs?
Why Is Micron Stock Rising?
After bottoming out in early August, Micron’s stock price surged all the way from around $800 in early August to break through the $1,000 mark, accumulating a gain of over 25% within half a month. Micron’s strong rebound is no coincidence, but driven jointly by multiple…
