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-0.000929272070211703 -0.000413009808983028 -0.00154878678368617 -0.0030975735673722 -0.0010325245224575 -0.00557563242127007 -0.00268456375838931 0.00139390810531741
Stock impact report

Was Jim Cramer Right About Micron Technology Inc. (MU)? [Yahoo! Finance]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: Yahoo! Finance
Inc. (NASDAQ:MU) stands against other stocks that Jim Cramer discussed 12 months ago. In the most recent Mad Money episode , Jim Cramer shared his thoughts on the current state of the market, especially about AI stocks. He noted that despite the enthusiasm surrounding AI, investors are no longer willing to pay high prices for stocks tied to this technology. Cramer explained that on days like Tuesday, people in the market are feeling what he referred to as “painful shrinkage.” “In this business, shrinkage means paying less for the same earnings that you were willing to pay up for only just a week or two ago.” READ ALSO: Jim Cramer's Thoughts on These 5 Stocks and Was Jim Cramer Right About These 23 Stocks? He pointed out that this phenomenon is commonly known as price-to-earnings multiple compression, a widespread trend across the market. Cramer asked why this is happening, especially when it seems like nothing has changed with the companies themselves. He explained: “Look, w Show less Read more
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