Micron Stock Jumps 6% After Apple and Amazon CEOs Warn of 'Exceptionally Higher Memory Costs'
Complete. Here is the key summaryMicron stock (MU) climbed 6% in early trading after Apple (AAPL) CEO Tim Cook and Amazon (AMZN) CEO Andy Jassy warned investors of rising memory chip costs. The rise built on a 19% jump from the previous day, completely erasing a dip to $739 earlier in the week.Claim 55% Off TipRanksExplore AMZO for 2X short leverage on AMZN
Micron stock (MU) climbed 6% in early trading after Apple (AAPL) CEO Tim Cook and Amazon (AMZN) CEO Andy Jassy warned investors of rising memory chip costs. The rise built on a 19% jump from the previous day, completely erasing a dip to $739 earlier in the week.