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Why Micron Stock Crashed 16% Today
MUMicron Technology(MU) The Motley Fool·2024-12-19 16:37

Is today's sell-off a good opportunity to buy Micron stock?Computer memory maker Micron (MU -15.54%) stock tumbled 16.5% through 9:45 a.m. ET Wednesday despite the company reporting earnings that equaled or exceeded the targets Wall Street had set for it in fiscal Q1 2025.Expected to report $1.77 per share in profit on $8.7 billion in sales, Micron actually reported $1.79 per share in profit and sales of $8.71 billion -- beating on both top and bottom lines, if only just barely. Micron Q1 earningsNot all Mi ...