Top Midday Stories: Micron Shares Soar After Estimate-Topping Earnings Results; Bio-Techne to be Acquired by Merck for $11.3 Billion

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Top Midday Stories: Micron Shares Soar After Estimate-Topping Earnings Results; Bio-Techne to be Acquired by Merck for $11.3 Billion MT Newswires Thu, June 25, 2026 at 11:40 AM EDT 3 min read MU MRK ^DJI ^IXIC The Dow Jones Industrial Average and S&P 500 were up in late-morning trading Thursday, while the Nas

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Micron(MU)'s earnings surprise drove a sharp rise in the stock, and a big deal was announced in which Bio-Techne is being acquired by Merck(MRK) for $11.3 Billion. Micron's better-than-expected results are a signal of recovering memory demand and prices, likely to positively affect the Semiconductors sector and equipment/server investment. The sale of Bio-Techne should lift valuations in the Life Sciences Tools & Reagents sector and spur further M&A. However, Merck's acquisition cost and integration risk, and the cyclical volatility of memory, could create short-term uncertainty.

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