MU Nov 2023 85.000 call
| Previous close | 0.1100 |
| Open | 0.1300 |
| Bid | 0.1200 |
| Ask | 0.1300 |
| Strike | 85.00 |
| Expiry date | 2023-11-17 |
| Day's range | 0.1100 - 0.1300 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.61k |
Motley FoolMicron Reports More Progress on Recovery -- Is It Too Late to Buy the Stock?
Memory chips are a commodity, and boy, has it been a year for commodities. After plummeting consumer electronics sales and, later, a downturn in some data center hardware, companies like Micron Technology (NASDAQ: MU) have been working through excess inventories. Not even trimming its workforce and temporarily throttling some of its production lines have saved Micron from a horrific year.
Motley FoolMicron Technology Stock: Bear vs. Bull
Micron (NASDAQ: MU) posted its latest earnings report on Sept. 27. Its adjusted net loss of $1.2 billion marked a steep drop from adjusted net profit of $1.6 billion a year ago, but its adjusted net loss of $1.07 per share cleared the consensus forecast by $0.11. Micron's slowdown wasn't surprising since its growth has been throttled by the broader slowdown of the semiconductor market, but its stock still dipped after the report and remains more than 30% below its all-time high from last January.
- Investing.com
Meta's AI gambits; Amazon's antitrust fight with FTC: Weekly tech roundup
By Louis Juricic and Sarina Isaacs
