Micron shares up 4.5% on Kushner comments, upcoming earnings

|About: Micron Technology Inc. (MU)|By:, SA News Editor

Micron Technology (NASDAQ:MU) shares up this afternoon after Jared Kushner spoke to the President Trump's tech summit and outlined the need to modernize the government away from floppy disk storage and Y2K checks. All that modernizing could require the help of some private sector storage companies like Micron.

Investors might also be climbing aboard Micron ahead of its Q3 earnings report on June 29. Consensus estimates put revenue at $5.41B and EPS at $1.50.

Micron closed the day up 4.49%.