Why Micron Technology Stock Skyrocketed 87.8% Last Month But Is Falling in June
Micron stock is up more than 200% in 2026.
Why Micron Technology Stock Skyrocketed 87.8% Last Month But Is Falling in June
Overview
Micron (NASDAQ: MU) stock posted a massive rally in May's trading. The company's share price surged 87.8% higher in a month that saw the S&P 500 gain 5.2% and the Nasdaq Composite jump 8.4%.
Micron has been on a huge rally this year thanks to a favorable demand outlook for memory chips used in artificial intelligence and data center applications. Even with a pullback in June's trading, the company's share price is up roughly 203% in 2026.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- 51% of U.S. adults say the American Dream is out of reach for most people right now: CNBC survey
- A massive 16% market swing just rocked South Korea over 24 hours. The retail ‘ants’ holding the wheel are driving dangerously.
- I’m 60, retired with $3 million. My fiancée, 55, has $1 million but plans to work for the next 10 years. Are we compatible?
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.
