Micron's stock falls after earnings as revenue forecast fails to pack big upside

Micron Technology Inc. beat revenue expectations in the latest quarter and logged a sizable profit beat on Wednesday, but its top-line forecast for the current quarter was merely in line with the consensus view at the midpoint.Investors may have wanted to see more upside given the recent move higher in Micron shares MU, +0.88% and optimistic views from analysts. The shares are up 67% so far this year, though they fell 8% in Wednesday’s after-hours action. The company made a sharp turnaround on its bottom li ...