Micron Technology (NASDAQ:MU) Stock Price Up 0.4% - What's Next?

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Micron Technology (NASDAQ:MU) Shares Down 1.6% Following Analyst Downgrade

Micron Technology (NASDAQ:MU) Shares Down 1.6% on Analyst Downgrade

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Today, a large tranche of out-of-the-money put options traded in Micron Technology stock. Given the recent pullback in MU stock, this is a bullish signal for investors and a good income yield play.

Barchart.com

Micron Technology Stock Has Unusual Options Activity - a Bullish Signal

Shares of Micron Technology, Inc. (NASDAQ:MU – Get Free Report) were down 10.8% during trading on Monday . The company traded as low as $92.51 and last traded at $92.06. Approximately 17,527,897 shares changed hands during trading, a decline of 29% from the average daily volume of 24,559,479 shares. The stock had previously closed at $103.19. Analyst Upgrades and Downgrades A number of brokerages have issued reports on MU. Needham & Company LLC …

Micron Technology (NASDAQ:MU) Trading Up 0.4% - Here's What Happened

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