Movement Alert｜GraniteShares 2x Long MU ETF Rises 8.3% in Pre-Market Trading, Micron Bull Case Strengthened by $1300 Target Price

Market Focus

Jun 17

On June 17, GraniteShares 2x Long MU ETF (MULL) rose 8.3% in pre-market trading, trading at $850.0/share, with turnover of $3.37 million. The leveraged ETF tracks Micron Technology at 2x daily exposure, amplifying moves in the underlying stock.

On the news front, Micron Technology continues to attract bullish sentiment amid the AI-driven storage cycle. Nova Capital maintained its Buy rating on Micron with a target price of $1,300.5, representing approximately 20% upside from recent levels. Micron has posted a cumulative year-to-date gain of 280% following a brief pullback and subsequent recovery.

Market debate around Micron remains elevated, with institutional estimates for the upcoming quarter showing extreme divergence — revenue forecasts differ by as much as $20.39 billion between the highest and lowest projections, while EPS estimates range from $7.53 to $24.08. Some analysts argue the storage cycle inflection point is approaching, while bulls contend the market is underestimating the duration of AI-related memory demand.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1146185020"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1146185020\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1146185020?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-17 16:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146185020","market":"us","top_or_hot":-1,"title":"Movement Alert｜GraniteShares 2x Long MU ETF Rises 8.3% in Pre-Market Trading, Micron Bull Case Strengthened by $1300 Target Price","media":"Market Focus","content":"<p><p>On June 17, GraniteShares 2x Long MU ETF (MULL) rose 8.3% in pre-market trading, trading at $850.0/share, with turnover of $3.37 million. The leveraged ETF tracks Micron Technology at 2x daily exposure, amplifying moves in the underlying stock.</p><p>On the news front, Micron Technology continues to attract bullish sentiment amid the AI-driven storage cycle. Nova Capital maintained its Buy rating on Micron with a target price of $1,300.5, representing approximately 20% upside from recent levels. Micron has posted a cumulative year-to-date gain of 280% following a brief pullback and subsequent recovery.</p><p>Market debate around Micron remains elevated, with institutional estimates for the upcoming quarter showing extreme divergence — revenue forecasts differ by as much as $20.39 billion between the highest and lowest projections, while EPS estimates range from $7.53 to $24.08. Some analysts argue the storage cycle inflection point is approaching, while bulls contend the market is underestimating the duration of AI-related memory demand.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜GraniteShares 2x Long MU ETF Rises 8.3% in Pre-Market Trading, Micron Bull Case Strengthened by $1300 Target Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜GraniteShares 2x Long MU ETF Rises 8.3% in Pre-Market Trading, Micron Bull Case Strengthened by $1300 Target Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-17 16:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 17, GraniteShares 2x Long MU ETF (MULL) rose 8.3% in pre-market trading, trading at $850.0/share, with turnover of $3.37 million. The leveraged ETF tracks Micron Technology at 2x daily exposure, amplifying moves in the underlying stock.</p><p>On the news front, Micron Technology continues to attract bullish sentiment amid the AI-driven storage cycle. Nova Capital maintained its Buy rating on Micron with a target price of $1,300.5, representing approximately 20% upside from recent levels. Micron has posted a cumulative year-to-date gain of 280% following a brief pullback and subsequent recovery.</p><p>Market debate around Micron remains elevated, with institutional estimates for the upcoming quarter showing extreme divergence — revenue forecasts differ by as much as $20.39 billion between the highest and lowest projections, while EPS estimates range from $7.53 to $24.08. Some analysts argue the storage cycle inflection point is approaching, while bulls contend the market is underestimating the duration of AI-related memory demand.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MULL","symbol_name":"2倍做多MU ETF-GraniteShares","start_time":0,"source_url":"","article_id":"1146185020","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146185020","pubTimestamp":1781683842,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 17, GraniteShares 2x Long MU ETF (MULL) rose 8.3% in pre-market trading, trading at $850.0/share, with turnover of $3.37 million. The leveraged ETF tracks Micron Technology at 2x daily...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MULL":"2倍做多MU ETF-GraniteShares"},"translate_title":"走势警报|GraniteShares 2倍多头MU ETF盘前交易上涨8.3%，美光牛市理由强化1300美元目标价","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MULL":1},"content_text":"On June 17, GraniteShares 2x Long MU ETF (MULL) rose 8.3% in pre-market trading, trading at $850.0/share, with turnover of $3.37 million. The leveraged ETF tracks Micron Technology at 2x daily exposure, amplifying moves in the underlying stock.On the news front, Micron Technology continues to attract bullish sentiment amid the AI-driven storage cycle. Nova Capital maintained its Buy rating on Micron with a target price of $1,300.5, representing approximately 20% upside from recent levels. Micron has posted a cumulative year-to-date gain of 280% following a brief pullback and subsequent recovery.Market debate around Micron remains elevated, with institutional estimates for the upcoming quarter showing extreme divergence — revenue forecasts differ by as much as $20.39 billion between the highest and lowest projections, while EPS estimates range from $7.53 to $24.08. Some analysts argue the storage cycle inflection point is approaching, while bulls contend the market is underestimating the duration of AI-related memory demand.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}