- MUU is trading at $1074.00, up 5.3% in pre-market as its underlying asset, Micron Technology, received a significant price target upgrade from Phillip Securities to $1,870 from $530, maintaining a Buy rating.
- Apollon Wealth Management LLC also increased its stake in Micron Technology by 7.0%, adding 2,206 additional shares.
- The broader market is also seeing a rebound in tech and AI stocks, with Nasdaq futures rising approximately 1%.