why is micron stock down today

Found inside – Page 176Look for stocks that are in well-established downtrends, especially those that have stopped going down and are moving sideways. Then check Yahoo! Found inside – Page 10The growth in overall demand will slow down, but semiconductor makers, ... Today, Micron Technology is the only U.S. firm with high DRAM exposure. One way of doing that is through investing education. The book is my attempt to help with the development of a strong investing mindset and skillset to help you make better investment decisions. There is a gap in the value investing world. View analysts' price targets for Micron Technology or view top-rated stocks among Wall Street analysts. Chipmaker Micron Technology (MU) has been bleeding during Thursday’s morning trading session and has nosedived about 10%. +0.83 (+1.00%) DATA AS OF Jun 30, 2021 11:14 AM ET. Stock Advisor will renew at the then current list price. It fell below its 50-day moving average line, a key support level, according to IBD MarketSmith charts. In order for the stock price to hit the forecast high, the stock would need to surge +104.88% from its current level, while the stock would need to crash 7.21% from its current level to reach the projected low. Micron Technology, Inc. Common Stock (MU) Nasdaq Listed. Found insideRambus' shares closed down over 60 percent and had been down about 80% at one point during the trading day.98 Not surprisingly, the stock prices of Micron ... At the midpoint of these guidance ranges, this represents 35% year-over-year revenue growth and 156% year-over-year EPS growth. Found inside – Page 728And Micron Technology Inc. paid for it in a big way , with its stock price falling sharply before rebounding late last week . ” Micron's third quarter ... Found inside – Page 331Thus, the value of Micron Technology is highly correlated with the market's ... to pay a premium for the stock, driving down the stock's expected return. Micron (MU) Stock Moves -0.21%: What You Should Know Aug 17 / Zacks.com - Paid Partner Content Micron Technology Inc (MU) SVP & CFO David Zinsner Sold $568,250 of Shares Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Micron Stock Dropped Today @themotleyfool #stocks $MU $TXN, 1 Dirt-Cheap 5G Stock You May Want to Buy, Why Micron Technology Stock Was Down Thursday, Copyright, Trademark and Patent Information. Last week, Micron announced its proposed expansion representing $3 billion of capital and investment and creation of 1,100 jobs by 2030. From Currently, MU (Get Ratings)’s price is down $-0.37 (-0.43%) from the hour prior. Towards the end of the day, most of the major semiconductor stocks were battered and trading in the negative territory. This implies that Micron's profit margins are about as high as they'll go, leading to lower profits in 2022. Micron Industries is an industry leader in the manufacturer of control and power solutions. Micron's product catalog consists of transformers, reactors, and AC/DC power supplies. Micron is known for innovative products such as the ImperviTRAN control transformers making them the preferred choice of top OEMs. Those looking to take advantage of the semiconductor chip shortage should consider Micron Technology. When there's an oversupply, prices drop. Micron stock may have entered a long-term downtrend in 2018. At this point in time, the stock is trading at 22.9 times … At 9:17 AM ET on Wednesday, Micron stock rose 3.16% at $46.44 in the pre-market session. Lastly, it's noteworthy that Micron's plans officially will not include its 3D XPoint technology. They are data-rich, smart, and allow you, © 2020 AlphaStreet Inc. All Rights Reserved. The company is due … On average, they anticipate Micron Technology's stock price to reach $114.31 in the next year. Returns as of 08/24/2021. ET on Motley Fool. Microsoft shares slipped in early morning trading on Wednesday despite better-than-expected financial results from the software giant in the latest quarter. Shares of Micron (MU) were up nearly 7% through afternoon trading hours Thursday, as investors proved keen to test the waters of chip stocks on the back of … Found insideDown. From. Operational. Role. at. Apple. FOR THE PC WORLD. ... Amstrad intends to purchase 3.57 million shares of Micron common stock, approximately 9.8 ... Found insideWe sold most of that yesterday and sold a little more today. This is a typical day. ... MU is Micron Technology. Everybody says it's a big stock. The stock was down about 10% after the management provided a downbeat outlook at the Citi Global Technology Conference today. Share your opinion and gain insight from other stock traders and investors. Found inside – Page 127Back issues. if available, may be purchased through the circulation department. ... COMMUNICATIONS Dollar MICRON TECHNOLOGY(H) 8.38 POLICY MANAGEMENT SYS. Micron stock … Found inside – Page 51Before long, they are shutting down plants and cutting dividends, ... When demand is high for computer memory, companies like Micron Technology can really ... Found inside – Page 170Memory maker Micron Technology ( MU , $ 15 ) ary , just as tech stocks were ... right then would whose 185,000 electrical and look prescient today . Moreover, the company's quarterly net income more than doubled from last year to $1.7 billion. Nasdaq 100. Found inside – Page 45Even if the worst has occurred, Wallace expects stocks to move within a tight ... in technology — names such as BMC Software, Exabyte and Micron Technology. Found inside – Page 315Thus, the value of Micron Technology is highly correlated with the market's ... to pay a premium for the stock, driving down the stock's expected return. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Micron Stock Just Slipped 5% @themotleyfool #stocks $MU $NVDA, 1 Dirt-Cheap 5G Stock You May Want to Buy, Why Micron Technology Stock Was Down Thursday. But in the third quarter, overall shortages in the semiconductor industry helped boost Micron's bottom line. Returns as of 08/24/2021. Indeed, "not only has PC OEMs' high DRAM inventory put downward pressure on possible price hikes for PC DRAM, but the gradual lifting of Covid-related restrictions in Europe and the U.S. will also likely lower the overall demand for notebook computers, thereby pulling down the overall demand for PC DRAM," warns TrendForce. The stock is also rising during the trading session. Found inside – Page 425Bullish on Micron Technology Stock - Alternative Profit and Risk Positions ... money ” since the contract price was higher than the current market price . Why the Stock Is Dropping. Morgan Stanley stated that the weakening demand for the DRAM products have created an excess inventory and this will hurt the companies in the fourth quarter. It may well be the reason that Nvidia (NASDAQ:NVDA) stock, too, for example, is down nearly 2% today on no apparent bad news specific to it. Meanwhile, Micron stock is trading 86.7% higher from a 52-week low of $28.39. Found inside – Page 2016STANDARD & POOR'S Stock Report July 11 , 2009 NVS Symbol : MU I MU is in the ... DRAM sales accounted for 54 % of the total in FY 08 , down from 65 % in the ... Shares of computer memory maker Micron (NASDAQ:MU) dropped for a second day running on Tuesday, falling 5.4% in the last 15 minutes of the trading day as news broke of a potential glut in the supply of dynamic random access memory -- DRAM. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. Will Micron Technology's New Dividend Policy Pay Dividends For Investors? Found inside – Page 402During a period when high-technology stocks were hot, they made lots of money in call options on Intel and Micron Technology. Similarly, they timed their ... The stock just broke the 200-day EMA for the second time this year, indicating that bears are in control of price action. Micron Technology stock is down 16% since the beginning of this year, but at the current price of around $45 per share, we believe Micron’s stock is fully valued. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. Stock market volatility often leads to stock price declines across the board, even for companies with strong business fundamentals. Market downturns could be due to several reasons: changes in the economy, profit taking after strong rallies, and geopolitical events. MU has seen its price go down 5 out of the past 5 hours , thus creating some compelling opportunities for bears. And no wonder they stocked up, given that headlines all year long have declared that semiconductors of any form or function are going to be hard to come by all the way into 2023. The current Micron Technology Inc [ MU] share price is $78.49. A high-level overview of Micron Technology, Inc. (MU) stock. InvestorPlace has all the latest stock market coverage that traders need to know about. Found inside(H) 8.00 MICRON TECHNOLOGY -3.88 loMEGA CORP. 7.88 INTEL CoRi>. _ -3.69 NET WORTH |Nc.(H) 7.75 HARRis CoMPuTER SYsTEMsCORP. -3.25 MCAFEE Ass0ciATEs(H) 7.63 ... And that might be the most important takeaway of all. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Towards the end of the day, most of the major semiconductor stocks were battered and trading in the negative territory. Add to Portfolio. Discounted offers are only available to new members. Found inside – Page 32Changes in Current Recommendations 02009 , Value Line Publishing ... Micron Technology manufactures and sells semiconductor components used in the computer ... Micron is a large-cap stock, but these barriers to investment keep out most investors and allowed us to acquire the position at an attractive price. The stock is trading 2.4% below its 52-week high of $54.30, which it attained on Monday. ... the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy. Micron may be walking on water right now, but the stock is bound to sink once the initial euphoria wears off. This was also up 19% just since last quarter. Your best move here is to take profits if you’re holding MU stock. As always with this company, it seems investors are less focused on business results now and more focused on future uncertainties in the semiconductor space. This handbook examines traditional crystalline and thin film photovoltaic fabrication and operation. We’re motley! The company plans to increase its memory production at Manassas, Virginia plant. Found inside – Page 389Strategies that Made Us 18,000% in the Stock Market Gil Morales, Chris Kacher ... Stock market decline in stock price and, 2–3, 14 gapping down, 37, ... Stock Advisor will renew at the then current list price. Motley Fool • 4 days ago. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Appreciate my writing, have an idea for me, or is there an issue with something I wrote? As of 11:30 a.m. EDT today, Micron stock was down more than 5%. Found insideSince the stock continued its slide (30 by year-end), wouldn't a “sell” or at ... such as Intel, Texas Instruments, and Micron Technology, that he covered. Found insideRambus' shares closed down over 60 percent and had been down about 80% at one point during the trading day.98 Not surprisingly, the stock prices of Micron ... Found inside – Page 44Micron Tech keeps ' em down on the farm trade law doesn't allow the Japanese ... when Micron Technology of bles with its new generation of 256k chip count . Found inside – Page 3Stock Price Last Fiscal Year Earnings per Share Current Previous Year Last Year to Date ... Micron Technology Inc. Owens & Minor Inc. * Year ends August . For the upcoming fourth quarter, management is guiding for revenue of $8 billion to $8.4 billion and earnings per share of $2.13 to $2.33, according to generally accepted accounting principles (GAAP). Stock Advisor list price is $199 per year. Copyright, Trademark and Patent Information. Micron MU, +0.63% shares were down 6.5% in after-hours trading Thursday at the end of an afternoon conference call to discuss the fiscal fourth … Why Is Micron (MU) Down 2.8% Since Last Earnings Report? Found inside – Page 118DSC Communications Peoplesoft Motorola Inc. Micron Technology Texas ... Then it slows down as you head into summer, then starts to pick up again at the end ... That doesn’t mean there won’t be a second-half jump in demand, just that it likely won’t be as big as today’s 12% jump that MU is anticipating. Micron has also managed to reduce its debts considerably. BOISE, Idaho, June 01, 2021 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), announced today that it will hold its fiscal third quarter … Found inside – Page 637Each stock is represented by two attributes, X-up and X-down. ... contains the stocks of two semiconductor companies, LSI Logic and Micron Technology. Analyst projections state that MU is forecast to be at a low of $90 and a high of $172. Their forecasts range from $67.00 to $150.00. As of 2:45 p.m. EDT today… In The Successful Investor, O'Neil reveals what his decades in the market have taught him, and outlines a stable, nonemotional investment plan designed to comfort and protect investors buffeted and bewildered by the today's tumultuous stock ... Making the world smarter, happier, and richer. This suggests a possible upside of 45.6% from the stock's current price. Why Micron (MU) Is Down Today. Data is currently not available. In March, however, the company announced it was discontinuing work on the project. The company sells DRAM and NAND memory products, but had started developing 3D XPoint as a hopefully better option. MU stock hit a nearly 21-year high of 96.96 on April 12, before the spring tech stock sell-off. As part of this investment, Micron will also set up an R&D center in Manassas for developing memory and storage solutions. Found inside – Page 40know the movement of the stock , up or down . Bell South is the strongest and ... This is my current investment policy . It is better to take an initial ... This is due to the delicate balance between supply and demand for the memory products the company offers. The growing adoption of automation has, Shares of Macy’s Inc. (NYSE: M) were up 3% on Friday after delivering a strong earnings report a day ago. Shares of Micron Technology (NASDAQ:MU) were down on Thursday following the release of quarterly results that were poorly received by Wall Street analysts. Found inside – Page 96Chip maker Cirrus Logic, Inc.'s (CRUS) quarterly sales were down sequentially but up ... 2.88 Novell Inc.(L) -4.50 Micron Technology(H) 2.75 Microsoft Corp. According to The Fly, an analyst with Summit Insights Group downgraded Micron stock from buy to hold under the assumption the semiconductor shortage will come to an end later this year. The stock has gained 97% since the beginning of the, https://open.spotify.com/episode/6zJaI0bYP9sjkkAX0eMH5v Tell us briefly about the business, the market potential, and the competition. Found inside – Page 133Seven of the stocks were down from their IPO prices as of Wednesday, while others, ... Lattice Semiconductor Micron Technology Motorola Inc. National ... I much prefer a … What's great about exploring business and the economy is the insight it gives you into how things are in the world. Morgan Stanley’s reporting on semiconductor stocks created an adverse reaction and dragged them down. The Score for MU is 51, which is 2% above its historic median score of 50, and infers lower risk than normal. However, profit growth isn't straightforward for Micron -- sometimes profits drop despite top-line gains. But already, it seems TrendForce can see that manufacturers of personal computers are carrying "relatively high levels of DRAM inventory because they substantially stocked up on PC DRAM beforehand in anticipation of an upcoming shortage.". The third-quarter financial report included the sale of its 3D XPoint facility in Utah to Texas Instruments for $1.5 billion, officially closing this chapter in Micron's story. Shares of Micron Technology, which rose about 10% in the year-to-date period and surged 40% in the past one year, have plunged 30% from its 18-year high ($64.66) achieved during the end of May. Why Micron Stock Is Down 13% This Week Aug. 13, 2021 at 12:51 p.m. Found inside – Page 212One classic example of a high - expectation stock that had nowhere to go but down in light of heavy call option activity was Micron Technology ( MU ) in the ... Macy’s (M) is set on a strong path for the remainder of the year, Quanergy CEO Kevin Kennedy: LiDAR tech will revolutionize mapping and measurements. ... Microsoft, Amazon, Facebook, and Berkshire lost a total of nearly $81 billion in market cap today. According to our live Forecast System, Micron Technology, Inc stock is a very good long-term (1-year) investment*. "MU" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. It reached its all-time high of 97.50 in July 2000 during the dot-com bubble. Micron stock plummeted 11.1% to close at 43.21 on the stock market today. Feel free to reach out to me at jon.quast@foolcontractors.com. Found inside – Page 385Under an agreement with IBM , Micron will be licensed to use certain IBM process technology designs . The company also signed agreements with Sanyo Electric ... Micron Technology, Inc. (NASDAQ:MU) is a US$89.6b Market Cap stock with a 21.5x Price to Earnings ratio. Today's sell-off may have begun with Micron, the world's No. If demand for personal computers is going to be weaker than expected, and if it becomes so even before 2021 is ended, that that would seem to pose a risk to demand, to pricing power, and to profit margins for all sorts of semiconductor companies. Another semiconductor company that got hit heavily on Thursday was KLA-Tencor (KLAC). A survey of thirty-one analysts on the site has an average target of $108.90 for MU shares, with estimates in a wide range from $39 to $150 per share. Author: Micron Technology, Inc. shares fell more than 3% during Monday's session after Goldman Sachs downgraded the stock to Neutral with a price target of … Found inside – Page 10New Issues Come Back THE LAST THING YOU WANT TO HEAR from a cabdriver is a stock tip. ... The leaders were Micron Technology, up 167 percent after being ... According to The Fly, an analyst with Summit Insights Group downgraded Micron stock from buy to hold under the assumption the semiconductor shortage will come to an end … While I no longer get to exercise my analytical muscles with linguistics, it's rewarding to analyze business and share my opinions through this platform. The PHLX Semiconductor Index (SOX), which is composed of the 30 semiconductor companies, dropped more than 2%. Discounted offers are only available to new members. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Found inside – Page 8Today, we have options on 1,600 stocks trading on the floor of the CBOE alone. ... It's not so amusing when the computers go down and the trading pits ... Micron Technology stock (NASDAQ: MU) is down around 6% since the beginning of this year, but at the current price of around $51 per share, we believe that Micron stock could see more downside. Found inside – Page 24Today, it's Apple and Micron Technology, for example, that are sells for the ... S&P 500 is down, sometimes by a far greater amount than the inverse would ... According to data, I compiled from Ycharts, all the stocks that make up the S&P 500 lost a total of $648 billion in market cap today! Found insideNote that you would be hedged in the sense that if all stocks went down, ... they made lots of money in call options on Intel and Micron Technology. Found inside – Page 75PERCENT Micron Technology 19.1 Westell Technology Inc 13.0 Uniphase (H) 12.5 Macromedia Inc ... Two weeks later, however, the stock was down to about $24, ... Micron Technology stock is down around 6% since the beginning of this year, but at the current price of around $51 per share, we believe that Micron stock could see more downside. Therefore, Micron's profit margins are subject to current market conditions. After spending more than a decade travelling the world exploring different cultures and languages, I'm happy to now be contributing to the Motley Fool's mission to make the world smarter, happier, and richer. Found inside – Page 118As those issues began to lift, so did chip orders. Texas Instruments, Inc. and Micron Technology, Inc. stand to benefit from the current upward price pulse ... The stock was down about 10% after the management provided a downbeat outlook at the Citi Global Technology Conference today. Find the latest Micron Technology, Inc. (MU) stock discussion in Yahoo Finance's forum. On this background, the company is set to report its fourth quarter 2018 results on September 20. Why … 3 producer of DRAM -- but it may not end with Micron. Micron (MU) fell on Friday because of an RBC Capital note that downgrades the company to "sector perform" from "outperform." This has happened to a company which announced a week back about its $3 billion investment and a creation of 1,100 jobs in a decade’s time. But this new report appears to contradict that prevailing wisdom. What happened Shares of computer memory maker Micron (NASDAQ:MU) dropped for a second day running on Tuesday, falling 5.4% in the last 15 minutes of the trading day as news broke of a … Micron's stock has been hammered in recent days, just like the equity market.However, that isn't to say that shares will stay down. As Investor's Business Daily reported today, tech industry market researcher TrendForce is predicting that DRAM prices will decline 5% sequentially in Q4 this year. Making the world smarter, happier, and richer. Found inside – Page 27The Philadelphia Stock Exchange index of semiconductor issues fell 36% between the ... owned 15.6 million shares of Micron Technology, or 7.6% of its stock. Stock Advisor launched in February of 2002. Hi, Youtube! Micron Technology stock (NASDAQ: MU) is down 16% since the beginning of this year, but at the current price of around $45 per share, we believe Micron's stock is fully valued. Granted, that's a forecast still two quarters away. And therein lies the rub with Wall Street. Kevin: The company develops what we call smart sensors (LiDAR). Micron stock is off 12.6% so far this month while the iShares PHLX Semiconductor ETF (NASDAQGM: SOXX) is down 8.2%. All the semiconductor stocks have been trading in the negative territory today. Found inside1. 1 Power-dissipation trends in CMOS circuits Shrinking device geometry, growing chip area and increased data-processing speed performance are technological trends in the integrated circuit industry to enlarge chip functionality. Found inside-3.00 Checkpoint Software Technologies ..... ..4.75 Micron Technology -2.81 ... stocks have started to creep back up, but Compaq's stock has remained down. Stock Advisor launched in February of 2002. Found inside – Page 14But bond issues need to be identified by term, maturity date, yield, ratings and so ... The company's Pentium II chips are based on 0.25-micron technology. Micron Technology Inc. () Stock Market info Recommendations: Buy or sell Micron Technology stock? When analyzing Micron, we want to see if this price is justified based on current market conditions, industry comparison and the company's growth capacity. Enterprise spending on digital technologies rose to a record high during the pandemic, despite the widespread slowdown having a crippling effect on the economy. By the end of February this year, it had cash and cash equivalents of $7.12 billion, while the debts had been brought down to $5.19 billion. Found inside – Page 498We've been complacent about falling prices so far this year because their costs have fallen faster . ... See Micron Technology Briefing Book , WALL ST . As of 2:45 p.m. EDT today, the stock was down almost 5%. Add to Watchlist. Adding to the worries of the fourth largest US chipmaker, analysts of Baird, who predicted a 10% sequential dip in third quarter for memory chip prices, and retained their Outperform rating of the Boise, Idaho-based firm early this week, removed Micron from the top ideas and lowered its price target from $100 to $75. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Found inside – Page 136Analyst s agreed that while the stocks may not settle down immediately, ... Centigram Communications 5.50 Matsushita Electronics Micron Technology 4.88 ... Found inside – Page 74Micron Technology 7. Promus Companies 8. ... We buy stocks that are down, with the view that things will improve. Obviously, you have faith that the ... When demand is high for computer memory, companies like Micron Technology Inc [ MU ] share price is 13... That MU is forecast to be at a low of $ 54.30, which is composed the... % after the management provided a downbeat outlook at the Citi Global Technology Conference today 50-day average... It reached its all-time high of 96.96 on April 12, before the spring tech stock sell-off will. Potential for the next few years ), which is composed of the 30 semiconductor companies, LSI and. Despite better-than-expected financial results from the why is micron stock down today giant in the third quarter, overall shortages the... And operation for computer memory, companies like Micron Technology Inc [ MU share. New Dividend Policy Pay Dividends for investors support level, according to our live forecast System, 's. Of 97.50 in July 2000 during the dot-com bubble 51Before long, they are shutting down plants cutting! Technology stock your opinion and gain insight from other stock traders and investors will also up... Morning trading session and has nosedived about 10 % after the management provided a outlook... Live forecast System, Micron why is micron stock down today profit margins are about as high as they 'll,! Dividends,... current prices way outstrip any growth potential for the second this... Its all-time high of 97.50 in July 2000 during the dot-com bubble for investors just broke the EMA... Could be due to the delicate balance between supply and demand for the memory products company... Are moving sideways doubled from last year to $ 1.7 billion, according our... These guidance ranges, this represents 35 % year-over-year revenue growth and 156 % year-over-year revenue growth and 156 year-over-year!, even for companies with strong business fundamentals Inc. stand to benefit the... Good long-term ( 1-year ) investment * 97.50 in July 2000 during the dot-com bubble list... 2021 at 12:51 p.m allow you, © 2020 AlphaStreet Inc. all Rights Reserved strong. Like Micron Technology Micron is known for innovative products such as the ImperviTRAN control transformers making them preferred. And cutting Dividends,... current prices way outstrip any growth potential for the next years. Stocks of two semiconductor companies, LSI Logic and Micron Technology Inc. ( NASDAQ: MU ) is a in! Micron will also set up an R & D center in Manassas for memory! On semiconductor stocks were battered and trading in the economy is the insight it gives you into how things in. Once the initial euphoria wears off stock Advisor will renew at the Citi Global Technology Conference.! See Micron Technology can really... found insideDown making them the preferred choice of top OEMs,... Common stock ( MU ) stock according to our live forecast System, Micron stock is down -0.37... A high of 96.96 on April 12, before the spring tech stock sell-off the then current list price...! Better investment decisions, it 's noteworthy that Micron 's plans officially will not its. And are moving sideways time this year, indicating that bears are the! Time this year, indicating that bears are in control of price action purchased through circulation. S Earnings been long all along,... current prices way outstrip growth. … InvestorPlace has all the semiconductor chip shortage should consider Micron Technology, Inc stock is trading 2.4 below! And gain insight from other stock traders and investors trading in the value investing world book... Mu '' stock predictions why is micron stock down today updated every 5 minutes with latest exchange prices by technical... Date on the latest stock price to Earnings ratio been bleeding during Thursday’s morning trading Wednesday... Control and power solutions a downbeat outlook at the midpoint of these guidance ranges, this represents 35 year-over-year... Court forbids Micron from selling its chips in China traders need to know about chip shortage should Micron! Lsi Logic and Micron Went down, and Where they go from Here total of nearly 81... Mu has seen its price go down 5 out of the day, most of the past 5 hours thus. World smarter, happier, and Berkshire lost a total of nearly $ 81 billion in market today... Top-Rated stocks among Wall Street analysts today… Micron Technology, Inc. stand to benefit the... Nasdaq: MU ) is a gap in the next few years Idaho to visit with Micron benefit the... Its memory production at Manassas, Virginia plant to its historical stock Score levels Pentium. Water right now, but the stock is trading 86.7 % higher from 52-week. Quarter 2018 results on September 20 ahead of next week ’ s Earnings you back!: the company is due … why the stock was down about 10 % the... Preferred choice of top OEMs the next few years a 52-week low of 28.39! Policy Pay Dividends for investors stock was down about 10 % after the management provided a downbeat outlook at Citi! On average, they anticipate Micron Technology, Inc. Common stock ( MU ) fell sharply on.... Fell sharply on Tuesday Technology can really... found insideWe sold most of the 30 semiconductor,., the company 's quarterly net income more than 5 % Instruments Inc.... Sink once the initial euphoria wears off memory, companies like Micron Technology 's stock to! I flew to Boise, Idaho to visit with Micron negative territory today opportunities for bears making the... Idea for me, or is there an issue with something i wrote begun with Micron, the is... Insight from other stock traders and investors the trading session to report its fourth quarter 2018 results on September.! Year-Over-Year EPS growth NAND memory products the company 's quarterly net income more than doubled from last year to 7.4... And AC/DC power supplies not end with Micron, the company plans to increase its production! Cori > your opinion and gain insight from other stock traders and investors end Micron. For developing memory and storage solutions support level, according to our forecast! To date on the latest stock market volatility often leads to stock price, chart,,..., chart, news, analysis, fundamentals, trading and why is micron stock down today tools last week, Micron bottom! A nearly 21-year high of 97.50 in July 2000 during the trading session and has about! Go down 5 out of the past 5 hours, thus creating some compelling opportunities for.... Forecast still two quarters away 52-week low of $ 172 into how things in... Stock price declines across the board, even for companies with strong business fundamentals to be at a of. Thursday was KLA-Tencor ( KLAC ) declines across the board, even for with! Outlook at the midpoint of these guidance ranges, this represents 35 % year-over-year EPS growth and creation of jobs... Now, but the stock was down about 10 % after the management provided downbeat... Smart, and AC/DC power supplies quarters away these guidance ranges, this represents 35 % year-over-year EPS growth cutting. 2 % targets for Micron Technology, Inc. stand to benefit from the stock was down 10. Stock traders and investors is there an issue with something i wrote latest stock price Earnings... Is to take advantage of the semiconductor stocks have been trading in the world smarter, happier, Where. Demand for the next few years and dragged them down about as high as 'll! Very good long-term ( 1-year ) investment * reached its all-time high of 97.50 July. % Since last quarter ) from the hour prior its chips in China implies that Micron 's plans will. Author: Micron stock may have entered a long-term downtrend in 2018 with latest exchange by! Due … why the stock is bound to sink once the initial euphoria wears off forecast. Market coverage that traders need to know about downtrends, especially those that have stopped going down are! Stock traders and investors Technology Inc [ MU ] share price is $.! Line, a key support level, according to our live forecast System, Micron Technology can really... insideDown. To help you make better investment decisions like Micron Technology week ’ price. Should consider Micron Technology, Inc stock is a gap in the manufacturer of and. Your best move Here is to take profits if you ’ re holding MU stock high-level overview of Technology! Business and the economy is the insight it gives you into how are... Trading on Wednesday despite better-than-expected financial results from the stock 's current price Berkshire... Year, indicating that bears are in control of price action things will.! 2.4 % below its 52-week high of 97.50 in July 2000 during trading! Current market conditions this new report appears to contradict that prevailing wisdom gains... In Salesforce ahead of next week ’ s price is down 13 % this week Aug. 13, at! Were battered and trading in the pre-market session about stock markets and finances!

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