Previous close | 8.15 |
Open | 9.05 |
Bid | 9.15 |
Ask | 9.30 |
Strike | 55.00 |
Expiry date | 2023-09-15 |
Day's range | 8.95 - 9.75 |
Contract range | N/A |
Volume | |
Open interest | 373 |
Micron (MU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Micron (MU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Micron Technology (NASDAQ: MU) is a world-leading producer of memory (DRAM) and storage (NAND) semiconductors for a variety of applications. Its chips power some of the world's favorite electronics, including 5G-enabled smartphones and data centers that host cloud-based online experiences. Micron's stock price is down 42% from its all-time high as weakness in the broader economy is pointing to a sharp contraction in the company's financials in fiscal 2023.