Micron Hurt By Slow PC Sales, Memory Pricing

By | June 26, 2015

Scalper1 News

Micron Technology (MU) tanked Friday after missing fiscal third-quarter targets, pulling other chip stocks down with it. Boise, Idaho-based Micron late Thursday also gave weak guidance for the current quarter. Micron stock was down 18% in midday trading on the stock market today, at a 19-month low near 19.50. Micron said it earned 54 cents a share excluding items on sales of $3.85 billion for the quarter ended June 4. Earnings per share slumped Scalper1 News

Scalper1 News