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via finance.yahoo.comMarkets

ETFs bought $137.7 million of Micron (MU) on Wednesday

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. SOXX led the ETF activity, adding $80.2 million of Micron (MU) shares on Wednesday as ETFs overall bought a net $137.7 million of the stock. Fifty-nine ETFs were buyers against 14 sellers, with 188 funds holding steady. The buying…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishSizable ETF inflows into a semiconductor stock can support its price in the short term.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SOXX led buying with $80.2 million of Micron shares.
  2. 0259 ETFs bought against 14 sellers for a net $137.7 million.
  3. 03The inflow extends a three-day streak following $106.3 million and $554.6 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Micron Technology, Inc.MUStock798.44 USDMarket closedtoday -1.59%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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