Micron shares are trading lower following Q3 earnings and in-line Q4 guidance.
Portfolio Pulse from Benzinga Newsdesk
Micron shares are trading lower following Q3 earnings and in-line Q4 guidance.
June 26, 2024 | 8:03 pm
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NEGATIVE IMPACT
Micron shares are experiencing a decline after the company reported its Q3 earnings and provided in-line guidance for Q4.
The decline in Micron's share price is likely due to investor disappointment with the Q3 earnings report and the lack of positive surprises in the Q4 guidance. This suggests a short-term negative impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100