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Why Micron Stock Popped Today

TheMotleyFool

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Shares of computer memory-chip maker Micron Technology (NASDAQ: MU) jumped higher on Wednesday morning, after beating earnings Tuesday night, and were up 2.2% as of 10:20 a.m. ET today.

Heading into the quarter, analysts had forecast Micron would earn $1.97 per share on $7.5 billion in sales for its fiscal second quarter of 2022. In fact, it earned $2.14 per share on sales of $7.8 billion.

Image source: Getty Images.

Source Fool.com

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