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Micron stock: top reasons why MU may soar after the Nvidia earnings

Source: invezz.com

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Micron stock: top reasons why MU may soar after the Nvidia earnings

Micron (MU) was about $936 on Wednesday, down sharply from its YTD high of $1,253, as investors reduced positioning in memory stocks. The shares have been relatively steady over the past few days, but the pullback versus the peak signals a cautious near-term setup for the memory complex.

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