Micron Technology stocks up after Renaissance Technologies’ stock gains

The stock of semiconductor maker Micron rose nearly 11 per cent after Renaissance Technology Inc. posted a $5.8 billion profit Thursday.

Micron’s stock rose 8.6 per cent to $5,898.10 in late afternoon trading.

Renaissance Technologies’ shares closed up 4.2 per cent.

The company reported its second straight quarterly profit of $4.3 billion.

Microns shares rose 11.5 per cent Thursday to $7,923.08.