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Why Micron Stock Crashed 16% Today
MUMicron Technology(MU) The Motley Fool·2024-12-19 16:37

Is today's sell-off a good opportunity to buy Micron stock?Computer memory maker Micron (MU -15.54%) stock tumbled 16.5% through 9:45 a.m. ET Wednesday despite the company reporting earnings that equaled or exceeded the targets Wall Street had set for it in fiscal Q1 2025.Expected to report 1.77pershareinprofiton1.77 per share in profit on 8.7 billion in sales, Micron actually reported 1.79pershareinprofitandsalesof1.79 per share in profit and sales of 8.71 billion -- beating on both top and bottom lines, if only just barely. Micron Q1 earningsNot all Mi ...