Why Micron Stock Just Jumped
President Trump just gave Intel, Apple, and Micron investors some very good news.
Why Micron Stock Just Jumped
Overview
After defying a market sell-off Wednesday and rising, Micron (NASDAQ: MU) stock raced ahead another 7.7% through 10:40 a.m. ET Thursday after President Trump announced he has arranged a partnership between Apple (NASDAQ: AAPL) and Intel (NASDAQ: INTC), whereby Intel will manufacture semiconductor chips for Apple.
Apple stock is gaining more than 1% on the news, and Intel's up more than 7%.
Details
And investors seem to think this is great news for Micron stock, too.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
