Micron Slips 4%: NVIDIA’s HBM Supplier Just Posted Record Results, So Why Is It Falling?
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Micron Technology (NASDAQ:MU) is down 4% in Thursday trading, with shares sliding to $445 from a prior close of $461.73. That’s a head-scratcher on the surface, because last night Micron posted what CEO Sanjay Mehrotra called record results across the board. Here’s the paradox: the numbers were genuinely exceptional, the guidance was even better, and ... Micron Slips 4%: NVIDIA’s HBM Supplier Just Posted Record Results, So Why Is It Falling?
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Micron Technology (NASDAQ:MU) is down 4% in Thursday trading, with shares sliding to $445 from a prior close of $461.73. That’s a head-scratcher on the surface, because last night Micron posted what CEO Sanjay Mehrotra called record results across the board. Here’s the paradox: the numbers were genuinely exceptional, the guidance was even better, and ... Micron Slips 4%: NVIDIA’s HBM Supplier Just Posted Record Results, So Why Is It Falling?