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 %
Die Community unterstützt Micron Technology Inc. stark, mit vielen Buy- und wenigen Sell-Einschätzungen.
Mit einem Kursziel von 1293 € für Micron Technology Inc. könnte der aktuelle Kurs von 760.9 € um mehr als 50% steigen.
