Dmytro Kharkov

Micron adds $163 billion to its market cap in a single day, Jonah Lupton notes

Micron adds $163 billion to its market cap in a single day, Jonah Lupton notes
Micron market cap jumps above $1 trillion

Jonah Lupton, investor and market commentator at Social Media / FinTwit, observes that Micron's market capitalization has surged by $163 billion in a single day, reaching over $1 trillion for the first time.

Lupton notes that exactly one year ago, Micron’s market cap stood at $108 billion.

Lupton has recently commented on other earnings trends and market moves. He reported that Reddit's Q2 revenue and daily active user growth outperformed consensus estimates. He also pointed out a 70 percent decline in Nike's shares and a nearly 20 percent drop in revenue.

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