Micron jumps 7.53% premarket to $1,055.50 as crude slips after Trump says Iran peace deal reached

President Donald Trump said the U.S. had reached a peace agreement with Iran, sending crude oil prices lower and lifting risk appetite. Micron shares rose 7.53% in premarket trading to $1,055.50, with the stock in a strong bullish technical setup and nearing its 52-week high of $1,089.29. The company is scheduled to report earnings on June 24, and analysts have broadly raised their price targets with a consensus Buy rating.