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Fly News Breaks for May 25, 2017
HPQ, MU
May 25, 2017 | 06:27 EDT
Citi analyst Christopher Danely says HP Inc.'s (HPQ) earnings report last night, which showed good PC demand and tight DRAM supply, is positive for Micron (MU). He notes that his checks also indicate good PC demand and increasing DRAM pricing. The analyst recommends staying long Micron with a Buy rating and $45 price target.
News For MU;HPQ From the Last 2 Days
MU
Mar 26, 2024 | 08:56 EDT
Monday's total option volume of 35.0 million contracts resulted in net open interest growth of 5.07 million calls and 4.24 million puts. Tesla (TSLA), NVIDIA (NVDA), Micron (MU) and Advanced Micro Devices (AMD) saw the greatest growth. Top five new positions opened include 48k Warner Bros. Discovery (WBD) 5/3 weekly 7 puts, 43k DoorDash (DASH) Jun-24 120 calls, 43k Bumble (BMBL) May-24 9 puts, 29k Tesla (TSLA) 3/28 weekly 170 puts and 25k Tesla (TSLA) 4/26 weekly 150 puts.