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Micron (NASDAQ: MU) stock is making gains in Tuesday's trading. The memory technologies company's share price was up 6.1% as of 11:15 a.m. ET, despite the S&P 500 (SNPINDEX: ^GSPC) being down 0.4% ...
The storage solutions company's share price was up 11.7% as of 1 p.m. EST amid the backdrop of a 1% gain for the S&P 500 index and a 1.5% rally for the ... Nvidia is supercharging Micron stock today.
Micron stock is also intriguing at this point because of its valuation. Even after this week's gains, the stock trades at a forward P/E of 14, making it a bargain compared to other chip stocks.
Micron (NASDAQ: MU) is forecasting a slower recovery in consumer markets, sending the stock price down. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day.
From a valuation perspective, Micron's stock appears pretty cheap, trading at a forward price to earnings (P/E) multiple of just over 12 based on analyst estimates of $9.05 for the current fiscal ...
Enjoy today's gain -- but know that Micron stock can be tricky to invest in.
Computer memory maker Micron (NASDAQ: MU) stock tumbled 16.5% through 9:45 a.m. ET Wednesday despite the company reporting earnings that equaled or exceeded the targets Wall Street had set for it ...
Micron stock plummeted more than 16% Thursday on weaker-than-expected guidance for the current quarter despite burgeoning demand for artificial intelligence chips.The memory chipmaker, which ...