Why These 5 Tech Stocks Moved This Week

2. Micron Technology, Inc. (NASDAQ:MU) has risen around 2% this week due to the broader market rally. the stock has also benefited from JPMorgan’s Harlan Sur bullish note earlier in the week, “Supply-constrained PC shipment weakness (driving softer DRAM pricing) offsets strength in [servers] and smartphones, which should drive a conservative tone for MU’s November-quarter outlook.” Of the around 873 elite funds in our database, 87 were long Micron Technology, Inc. (NASDAQ:MU) at the end of the second quarter.