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Micron Crushes Earnings: Is a Stock Split Next?

TheMotleyFool 
0 0 10.07.26
Micron Crushes Earnings: Is a Stock Split Next?: https://g.foolcdn.com/editorial/images/877831/micron.png
 

Micron Technology (NASDAQ: MU) delivered spectacular fiscal third-quarter earnings when it reported results on June 24. However, after an initial jump in its stock price sent its shares to an all-time high of $1,255, it has now suddenly lost a quarter of its value in the preceding weeks.

With earnings by themselves unable to lift the stock, could a stock split be around the corner?

Image source: The Motley Fool.

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Source Fool.com

Micron Technology Inc. Stock

€753.20
-1.530%
We can see a decrease in the price for Micron Technology Inc.. Compared to yesterday it has lost -€11.700 (-1.530%).
With 159 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1297 € there is a hugely positive potential of 72.2% for Micron Technology Inc. compared to the current price of 753.2 €.
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