Micron Stock Remains Flat Despite Trump’s Endorsement: Why?

President Donald Trump recently took to social media and stated that Micron (MU) is “one of the hottest companies in the world.” Trump’s comments stems from the company announcing a $10 billion investment in the US, which is part of their larger $250 billion investment commitment. However, despite Trump’s endorsement, Micron’s (MU) stock price has remained more or less flat. Let’s discuss what’s going on and if the stock will make a move this week.

Micron Stock Price Fails To Rally Despite President Donald Trump’s Support

Micron’s (MU) stock price closed 0.27% (2.53 points) lower on Friday, August 28, 2026. The stock gained slightly in the after-market hours, rallying 0.10% (0.94 points). The figures show that the stock has remained more or less flat. The lack of movement, however, is not surprising, given the larger market context.