Strong sales of memory chips for data centers weren’t enough to offset weakness in PC and smartphone markets for Micron in Q1.
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Micron's stock plummeted on Thursday following the company's earnings report and its weaker-than-expected guidance for the second quarter.
MU’s Q1 performance reflects the benefits of the robust demand for the product portfolio across DRAM and NAND technologies.
Markets plummeted yesterday after the Federal Reserve dialed back expectations for 2025 interest rate. Today, they’ve opened in the green, but how much recovery will we see? Let’s check in on major indexes as of 10:00 a.m. ET: Nasdaq: Up 107.16 (+.55) S&P 500: Up 26.94 (+.46%) Dow Jones Industrial Average: Up 193.99 (+.46) The […]
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While the top- and bottom-line numbers for Micron (MU) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
These are the stocks posting the largest moves in premarket trading.
Micron shares have lost nearly a third of their value since printing a record high close in June.
Micron (MU) delivered earnings and revenue surprises of 2.29% and 0.01%, respectively, for the quarter ended November 2024. Do the numbers hold clues to what lies ahead for the stock?
Micron shares plunged in extended trading after the chipmaker issued weaker-than-expected second-quarter guidance.
Micron Technology ($MU) provided disappointing guidance for its current quarter Wednesday afternoon. Its shares fell sharply in after-hours trading. The semiconductor company reported fiscal first-quarter adjusted earnings per share of $1.79, compared …
Memory-chip leader Micron roughly matched analyst estimates for its fiscal first quarter but badly missed with its outlook.
The post Micron Stock Dives As Chipmaker Whiffs On Guidance appeared first on Investor's Business Daily.
Based on the average brokerage recommendation (ABR), Micron (MU) should be added to one’s portfolio. Wall Street analysts’ overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Stocks such as Oracle and Micron Technology are among several growth plays left in a market that recently soared to records.
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