US Stock of the Day – Aug 19, 2026: Micron Technology <MU>
Wednesday, August 19, 2026
On August 19, 2026, the most talked-about US stock online is Micron Technology<MU>.
Background: It emerged that memory maker Netlist has filed new patent infringement lawsuits against Micron with the US International Trade Commission and in federal court over DDR5 server memory (RDIMM and MRDIMM), seeking exclusion orders that could block the affected products from being imported into or sold in the United States. Shares fell 5.9% on August 18 and dropped a further 2.8 to 4.9% in pre-market trading on August 19, trading around $940.76. During a broader semiconductor selloff on August 18, the stock fell as much as 8.8% intraday at one point. The reversal is notable given that on August 17 the shares had reclaimed the $1,000 level for the first time in about a month and a half; the recent trading range has been $926.64 to $978.67, within a 52-week range of $113.46 to $1,255.00. The average analyst price target stands at $1,501.98, implying roughly 60% upside from current levels.
Micron Technology (MU)
Latest close (9/25): $1,082.28 (+1.75, +0.16%)