Micron Technology Investors Should Brace for Bad Times
Investors have shown confidence in Micron Technology (NASDAQ: MU) stock this year. Micron stock has shot up more than 55% in 2019, as of this writing, as Wall Street is rooting for a second-half recovery in memory demand and a subsequent increase in prices.
Investors will get a better look at how things are going on Sept. 26 when Micron releases its fiscal fourth-quarter report. The company needs to show concrete signs that the memory market is turning around to keep investor enthusiasm.
Source Fool.com