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NASDAQ:3E 28 May 2026

Little Nasdaq tech name jumps 3x as traders dig into new filing

Little Nasdaq tech name jumps 3x as traders dig into new filing

3 E Network Technology Group shares surged 210% to close at $4.28 on Nasdaq after interim results showed half-year revenue more than doubled to $3.72 million, but the company swung to a net loss of $209,487. Trading volume topped 132 million shares. Cash fell to $35,284 at year-end, and the company said it will need more capital to fund its plans. Gross margin dropped to 44% as costs rose sharply.
28 May 2026
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Stock Market Today

  • Micron Stock Soars on Sold-Out AI Memory and Diverging Price Targets
    June 15, 2026, 4:13 PM EDT. Micron shares surged 11% to a record US$1,089, up over 700% in 12 months, driven by sold-out high-bandwidth memory (HBM) chips used in AI computers. The company secured contracts for all 2026 HBM production, ensuring strong, predictable profits with about 81 cents earned per dollar of sales this quarter. Despite this, analysts remain divided: bullish targets reach US$1,750 citing sustained AI demand, while bears warn of a cyclical memory market downturn, with some targets as low as US$477. Investors await the June 24 earnings report for clarity on revenue projections between US$33.7 billion and US$40.9 billion.

Latest articles

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