Micron Stock Is S&P 500’s Top Performer Ahead of Earnings. Here’s Why.

Higher prices are going to help Micron Technology deliver a strong quarter, Wall Street firms say. The memory chip maker is scheduled to report third-quarter earnings on June 26, and a flurry of optimistic commentary from analysts has sent shares charging higher. In early trading Tuesday, Micron stock jumped 5.5% to $155.96, on track for a new all-time high, based on available data back to June 1984, according to Dow Jones Market Data.