Micron Falls as Q2 Earnings and AI Compression Put Memory Stocks on Edge
Corroborated by 2 sources from 2 publishers
globalbusiness9h ago
TL;DR
Reports differ across sources; according to finance.yahoo.com, quick Read - Micron (MU) reported spectacular quarterly earnings but faced a selloff as investors sought more dramatic surprises, with the stock falling over 14% from its all-time high of $460 as profit-takers booked gains.
Sources
1
Seeking Alpha Market News
https://seekingalpha.com/article/4885704-micron-says-go-big-or-go-home-as-it-ramps-up-capex-far-more-than-peers?source=feed_all_articles
11h ago
2
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/micron-just-hit-ceiling-most-132417981.html
10h ago
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/micron-falls-q2-earnings-ai-143204617.html
9h ago