Micron shares holding up despite weak guidance: ‘stock is cheap’
Micron Technology Inc (NASDAQ: MU) is holding its own in extended trading even after the chipmaker said its current quarter results will come in significantly below the Street estimates. It, however, topped estimates in fiscal Q3. Notable figures in Micron Q3 earnings report Net income printed at $2.63 billion versus year-ago figure of $1.74 billion
The post Micron shares holding up despite weak guidance: ‘stock is cheap’ appeared first on Invezz.