2 Signals to Watch After Micron's Earnings
Investors might be surprised by the market reaction to Micron Technology's (NASDAQ: MU) earnings report. Despite quarterly revenue nearly tripling and profits up almost ninefold, the stock price dropped after the report.
Some investors may dismiss the price action as "buying the rumor and selling the news." However, the decline may point to deeper concerns, and knowing that, investors need to keep these two points in mind.
Image source: Micron.
Source Fool.com
Micron Technology Inc. Aktie
760,90 €
-0,59 %
Micron Technology Inc. erfreut sich großer Beliebtheit, mit einer hohen Zahl an Buy- und niedriger Zahl an Sell-Einschätzungen.
Eine Steigerung von über 50% ist für Micron Technology Inc. möglich, angesichts eines Kursziels von 1293 € gegenüber 760.9 €.
