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Micron stock surges amid memory trade boom

Micron shares rose 15% after the company reported record revenue and positive guidance. Revenue increased by more than $9 billion compared to the previous quarter. The stock surge follows a period of rising expectations and a boom in memory trade.

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What changed

Micron reported record revenue and a 15% stock increase on June 24.

Live updates

  1. Micron Stock Jumps 15% Following Record Revenue

    Micron shares rose 15% after the company reported record revenue and positive guidance. Revenue increased by more than $9 billion compared to the previous quarter. The stock surge follows a period of rising expectations and a boom in memory trade.

    What's confirmed:

    • Micron stock rose 15% after the company reported record revenue and positive guidance.
    • Revenue increased by over $9 billion from the previous quarter.

    Still unconfirmed:

    • A $1,700 setup emerged for Micron stock.
    confidence 90%