Investing.com -- This week, several stocks hit the headlines, with some experiencing significant price movements. Here are Investing.com’s stocks of the week:) and PDD Holdings make it onto our Stocks of the Week list, with gains of over 20% and more than 34%, respectively , in the last week. PDD is now trading at levels last seen in August, while Alibaba is trading around prices last seen in February 2023.
Micron Technology shares rallied more than 20% in the last week, with the majority of its gains coming on Thursday after a 14.7% increase from Wednesday’s close following its latest quarterly earnings release. Following the results, several Wall Street analysts reiterated their bullish stances on the stock. An analyst at Mizuho told investors that the MU rally “will sustain and pull in many of these long/short haters who will flip from short to long, at least for the near term.”) had offered to make an investment of as much as $5 billion in the company. Analysts said a potential takeover by Qualcomm is likely to face major challenges.
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