Why Micron Stock Crashed After Blowout Earnings
Micron (NASDAQ: MU) reported a powerful earnings beat last night, earning $12.20 per share on $23.9 billion in fiscal Q2 2026 revenue, where Wall Street expected only $8.79 per share and $19.2 billion in sales.
The stock promptly crashed. As of 9:50 a.m. ET, Micron stock is down 5.8%.
Image source: Micron.
Source Fool.com
Micron Technology Inc. Stock
€825.60
-1.030%
With 160 Buy predictions and 1 Sell predictions Micron Technology Inc. is one of the favorites of our community.
With a target price of 1293 € there is a hugely positive potential of 56.61% for Micron Technology Inc. compared to the current price of 825.6 €.
