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Micron Stock Falls After Lackluster Earnings
MUMicron Technology(MU) Schaeffers Investment Research·2024-06-27 14:10

Micron Technology Inc (NASDAQ:MU) are 5.6% lower to trade at $134.41 this morning, after the semiconductor maker's  fourth-quarter quarter revenue guidance of $7.6 billion was only in line with Wall Street's expectations. Failing to hit the lofty forecast is overshadowing third-quarter earnings and revenue that beat analysts' estimates.The shares ofare 5.6% lower to trade at $134.41 this morning, after thefourth-quarter quarter revenue guidance of $7.6 billion was only in line with Wall Street's expectatio ...