Micron Crushed Earnings. Wall Street Shrugged.
Micron Crushed Earnings. Wall Street Shrugged. - Moby BREAKING NEWS In perhaps a sign of the times, Micron blew past Wall Street’s expectations when it reported second-quarter earnings after the bell on Wednesday. But the market wasn’t impressed, and the stock dropped precipitously Thursday morning. Micron posted about $24 billion in revenue, above expectations of $20 billion, and $12.20 of earnings-per-share above expectations of $9.31. The stock is down about 5% as of mid-day Thursday. It's a story ...