Micron Technology, Inc. (MU) stock has surged over 114% in just over 2 months, trading at $430.28. Strong Q1 results with record revenue and adjusted free cash flow have investors bullish on 2026. Analysts raised price targets, but the stock may be overvalued. Unusual put options activity hints at potential reversal. Short-sellers eyeing income, while buyers may hedge against volatility. Investors should tread carefully with high implied volatility and expiration date.
Read more at Barchart: Unusual Put Options Activity in Micron Technology After MU Stock Doubles in 2 Months
