Business · Markets · 4 hrs ago

D.A. Davidson makes $3,000 call on Micron after 6% stock drop

D.A. Davidson makes $3,000 call on Micron after 6% stock drop

Micron shares fell 6%.

D.A. Davidson made a $3,000 call on Micron stock.

The company makes memory chips, and the call comes amid investor interest in artificial intelligence.

D.A. Davidson says investors undervalue Micron's AI advantage.

The view suggests the firm sees that advantage as important to Micron's value, even after the share-price drop.

The available information does not say what happens next.

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D.A. DavidsonFirm making the call
D.A. Davidson says investors still undervalue Micron’s AI moat.
via TheStreet