The Latest Breaking News from Micron Technology

Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Over the past 3 months, 4 analysts have published their opinion on Micron Technology (NASDAQ:MU) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

 

Over the past 3 months, 4 analysts have published their opinion on Micron Technology (NASDAQ:MU) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

A whale with a lot of money to spend has taken a noticeably bearish stance on Micron Technology. Looking at options history for Micron Technology (NASDAQ:MU) we detected 26 strange trades.

Micron Technology (NASDAQ:MU) has outperformed the market over the past 10 years by 16.02% on an annualized basis producing an average annual return of 27.52%. Currently, Micron Technology has a market capitalization of $77.71 billion.

Benzinga's options scanner just detected over 16 options trades for Micron Technology (NASDAQ:MU) summing a total amount of $601,816. At the same time, our algo caught 8 for a total amount of 308,716.

Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Micron Technology's (NASDAQ:MU) short percent of float has fallen 14.35% since its last report. The company recently reported that it has 21.25 million shares sold short, which is 1.91% of all regular shares that are available for trading.

Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.