Micron Wins Anti-Trust Case, Stock Soars Higher

Happy days are here again for all those holding shares of Micron (MU). The stock has been hanging around the $5 range for months, with the overhang of the antitrust case weighing down on it. Now, after a jury said Micron didn't manipulate prices of dynamic random access memory chips, the stock can get back to its winning ways and out of the trading range. After the winning verdict the stock shot up 23%, most likely on a short squeeze, but it most likely can start to move in a positive direction again with the case resolved.

Micron Technology Inc. won

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Tagged anit-trust case, micron, mu, short squeeze, winners