Why Is Micron Stock Crashing After Double Earnings Beat?
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Micron Technology's stock is experiencing a significant drop despite a double earnings beat in its first-quarter report. The reasons behind this decline are explored in a video analysis.
December 20, 2024 | 10:00 am
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Micron Technology's stock is down 16.18% following its first-quarter earnings report, which showed a double earnings beat. The decline is analyzed in a video.
Despite reporting better-than-expected earnings, Micron's stock is down significantly. This suggests that other factors, possibly future guidance or market conditions, are negatively impacting investor sentiment.
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