Stock market movements: Micron, 3M up; J.B. Hunt, C.H. Robinson down

CNBC April 1, 2024, 02:00 PM UTC

Summary: Shares of Micron Technology rose 1.1% as Bank of America raised its price target, predicting high-bandwidth memory demand to exceed $20 billion by 2027. 3M's stock increased by 3% after completing a spinoff and settling a $10 billion lawsuit. J.B. Hunt Transport and C.H. Robinson saw a decline due to concerns over North American truckload capacity. Gold companies Barrick Gold and Royal Gold rose amid record-high gold prices. Wells Fargo upgraded Devon Energy, leading to a 1.4% increase. Delta Airlines climbed 2% after being named a top pick by Morgan Stanley. AT&T shares dropped 2% due to a data leak investigation. MicroStrategy fell 5% after an executive sold shares. Tesla's stock rose slightly following a Model Y price increase. UPS gained 2% after becoming the primary air cargo provider for the USPS.

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Timeline:

  1. [3.9]
    Stock movements: Hertz, Block downgraded; Zeta, Levi, Conagra up. Intuitive Machines wins NASA contract (CNBC)
    156d 13h
    Source
  2. [6.3]
    Tesla shares drop 6% on delivery decline (CNBC)
    158d 7h

  3. [4.8]
    Stocks dip, Dow falls 0.7%; Home Depot drops (Investor's Business Daily)
    159d 5h
    Source
  4. [6.2]
    Micron, Semtech, Microsoft up; AT&T, InterDigital, Trucking down (CNBC)
    159d 8h

  5. [4.3]
    Stock market movements: Boeing up, Masimo up, Super Micro up, Cleveland-Cliffs up, Semiconductor up, Disney up, Foot Locker up, Rivian down, GameStop up, Digital World Acquisition Corp. up, United Airlines down (CNBC)
    166d 8h
    Source