Why Micron Stock Bounced Back Friday

The Motley Fool · Rich Smith · 2026-11-06 15:34 UTC

At 5x forward earnings, Micron stock is too cheap to sell.

Micron (MU +7.17%) investors had a rough week, no doubt about it -- but things are getting better.

A major player in both DRAM and NAND flash memory production, Micron stock shed 26% through Thursday's close. As of 10:25 a.m. ET Friday morning, however, the stock is bouncing back 6.3%.

Why?

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