Previous close | 7.25 |
Open | 7.25 |
Bid | 7.20 |
Ask | 7.90 |
Strike | 136.00 |
Expiry date | 2024-05-31 |
Day's range | 7.25 - 7.25 |
Contract range | N/A |
Volume | |
Open interest | 2 |
The average brokerage recommendation (ABR) for Micron (MU) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
In the closing of the recent trading day, Micron (MU) stood at $127.50, denoting a -1.16% change from the preceding trading day.
Micron Technology, Inc. (NASDAQ: MU) shares are trading lower after the company raised its 2024 capex expectations on Tuesday. The key $280 billion U.S. CHIPS Act beneficiary now expects fiscal 2024 capital expenditure of $8 billion, higher than prior expectations of $7.5 billion. Micron is a leading provider of high-bandwidth memory (HBM) chips, which are critical components of the hardware used in artificial intelligence servers. Nvidia Corp’s (NASDAQ:NVDA) H200 chips will leverage Micron’s ad