Micron Rallies, MSG Sports Gains on Knicks, Marvell Jumps

Today's biggest winners and losers in the stock market, a look at the notable movers:On this episode of Stock Movers:-Micron Technology's (MU) market capitalization will more than double over the next 12 months, according to at least one analyst. UBS Group AG boosted its price target for Micron Technology to $1,625, roughly 116% higher than its close on Friday of $751. The new guidance implies a market value of more than $1.8 trillion, larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc.- Shares of Madison Square Garden Sports (MSGS) jump as much as 4.2% to touch a record high intraday after the New York Knicks completed a 4-0 series sweep over the Cleveland Cavaliers to advance to the NBA Finals for the first time since 1999. MSGS shares are up 41% this year, on pace for a record annual return-Marvell Technology (MRVL) first-quarter results are expected to modestly top consensus as AI-driven data-center demand supports continued strength in optics and switching. Investors will keep an eye on whether the company reiterates its recently boosted full year outlook and maintains confidence that interconnect growth can outpace broader cloud spending, Bloomberg Intelligence said.See omnystudio.com/listener for privacy information.