Diamonds and Dogs

1/8/21

Micron (MU) higher following earnings. The DRAM maker is up 2% following better than expected earnings as sales rose 12%. The company is also raising guidance thanks to strong demand for 5G, AI and more cloud base business. Micron was upgraded with a $90 price target.

A tough day for Sarepta Therapeutics (SRPT). A gene therapy biotech is down on news their controlled trial for gene therapy failed to improve the average muscle strength in children with muscular dystrophy.

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