Micron Shares Rebound 2.17% After October Drop of 16.9%
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Micron Technology (MU) shares were quoted 2.17% higher in premarket trading Monday, Nov. 2, after a 16.9% decline from Sept. 30 through the prior session. At 7:20 a.m. ET (12:20 UTC), the shares stood at $903.90, up $19.16 from Friday’s close of $884.74. The stock closed at $1,065.11 on Sept. 30. U.S. stock futures advanced as markets recovered from Friday’s technology selloff. Friday’s losses reflected investor unease over the scale and expected payoff of AI spending; the S&P 500 shed 1.8% and the Nasdaq Composite fell 2.9%. Earlier Monday, S&P 500 futures were up 0.5% and Nasdaq futures gained 0.8%.
Source: TokenPost
