Shares of Micron Technology Inc. (NASDAQ:MU) traded at a new 52-week high today of $93.10. Approximately 4.5 million shares have changed hands today, as compared to an average 30-day volume of 16.3 million shares.
Micron Technology Inc. (NASDAQ:MU) is currently priced 14.0% above its average consensus analyst price target of $78.92.
In the past 52 weeks, Micron Technology Inc. share prices are bracketed by a low of $31.13 and a high of $93.10 and is now at $91.72, 195% above that low price.
Micron historically focused on designing and manufacturing DRAM for PCs and servers. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm’s DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
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