Is Micron Technology a Buy in This Coronavirus-Rattled Stock Market? [The Motley Fool]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: The Motley Fool
Micron Technology(NASDAQ:MUTight supply conditions also helped Micron as the pandemic has disrupted supply chains across the globe. And the company pointed out that original equipment manufacturers (OEMs) in China aregradually returningNot surprisingly, Micron shares have recovered impressive ground of late thanks to the positives in the earnings report. But will the stock be able to keep up this momentum? Let's find out.YChartsWhat's driving Micron?Micron made a couple of smart moves to tide over the coronavirus-triggered disruptions that began around the middle of its recently reported quarter that ended on Feb. 8.The company switched its production to serve the data-center market instead of smartphones. Its foresight was on point as companies started encouraging their employees to work from home, thereby increasing the load on data centers.Micron management also pointed out that an increase in demand for e-commerce boosted its data-center business last quarter. More importantly, th
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MU
News
- INVESTIGATION ALERT (NASDAQ: MU): DiCello Levitt LLP Is Investigating Investor Claims Against Micron Technology, Inc. and Encourages MU Investors with Losses to Contact the FirmGlobeNewswire
- Is Micron Technology (MU) the Best Growth Stock to Invest in Now? [Yahoo! Finance]Yahoo! Finance
- Micron Stock Plunges After Company Cuts Outlook, Analysts Raise Concerns [Yahoo! Finance]Yahoo! Finance
- Micron Technology Q1 Earnings Beat, Stock Dips 16% on Dim Guidance [Yahoo! Finance]Yahoo! Finance
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at Morgan Stanley from $114.00 to $98.00. They now have an "equal weight" rating on the stock.MarketBeat
MU
Earnings
- 12/18/24 - Beat
MU
Sec Filings
- 12/19/24 - Form 10-Q
- 12/18/24 - Form 8-K
- 12/10/24 - Form 8-K
- MU's page on the SEC website