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
362,85 €
1,13 %
Hohe Buy- und niedrige Sell-Zahlen bei Micron Technology Inc. zeigen ein stark positives Sentiment.
Ein positives, wenn auch nicht starkes, Potenzial für Micron Technology Inc. mit einem Kursziel von 425 € im Vergleich zu 362.85 €.
