Why Micron Stock Can Continue to Soar
It took computer memory company Micron Technology (NASDAQ: MU) 20 years to regain the highs it had achieved during the dot-com bubble at the turn of the century. But since finally hitting a new all-time high again in 2021, Micron's stock has continued to soar. It is up nearly 400% in just the last three years.
With the shares soaring to new highs, investors are clearly enthusiastic. But on Dec. 17, the company reported financial results for its fiscal first quarter of 2026. And it turns out that investors actually may not be enthusiastic enough.
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Source Fool.com
