Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Market Movers Today: Micron Technology, Inc. (MU), Cogentix Medical Inc. (CGNT), BlueLinx Holdings Inc. (BXC), and More

Micron Technology, Inc. (NASDAQ:MU) (MarketWatch)
Micron Technology Inc. MU, +10.22% shares surged Monday after one analyst nearly doubled his price target on the stock. Micron shares rallied nearly 12% to $60.87 at last check. Instinet analyst Romit Shah, who raised his rating on Micron to buy from reduce back in June 2016, raised his price target to $100 from $55. “We see DRAM pricing resuming an upward trend in Q2, a first-time dividend and share buyback announcement in May, continued margin expansion in NAND and increased M&A discussion as important catalysts,” Shah said.

Cogentix Medical Inc. (NASDAQ:CGNT) (The Motley Fool)
What happened: Shares of Cogentix Medical Inc. (NASDAQ:CGNT), a small-cap medical-device company, jumped this morning following a merger-agreement announcement. News of the impending acquisition by a subsidiary of Sweden’s Investor AB has pushed the stock 14.2% higher as of 10:53 a.m. EDT on Monday. So what: Investor AB’s Laborie Medical Technologies subsidiary develops and markets pelvic-health-related devices, which makes Cogentix’s flexible endoscopy products a perfect fit.

stocks, analysis, market, numbers, business, ticker, trade, money, price, investment, index, chart


BlueLinx Holdings Inc. (NYSE:BXC) (Benzinga)
BlueLinx Holdings Inc. shares surged 49.4 percent to $23.51 after the company reported a $413 million merger with Cedar Creek.

PRADA S P A/ADR (OTCMKTS:PRDSY) (The Wall Street Journal)
Fashionistas can seem hysterical when it comes to the latest trends. But fashion company shareholders don’t appear immune. When Italian luxury goods maker Prada revealed poor first half results last September, its Hong Kong-listed shares slumped 12%. On Monday, after it said sales for the first two months of 2018 were up 7.5%, its stock jumped 15%. Some moderation is in order.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.