Micron stock sinks for a fourth straight day despite dominant earnings report
People visit Micron booth during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China.Micron's blowout second-quarter earnings report fueled by a surge in memory demand hasn't been a boon for the stock.Since reporting on Wednesday, the memory maker's stock has dipped about 15% in the days since.Micron has benefited from the soaring demand for artificial intelligence chips, which require large amounts of memory. Micr ...