More Upside for MU Stock?
Perhaps the microchip industry has lost its mojo, because U.S.-based microchip maker Micron Technology, Inc. (NASDAQ:MU) has plunged on the charts since last March. Indeed, last fall, Micron stock was trading around $14.50 per share-and even that was half the value, if not less, than its share price in 2014. Unfortunately, Micron stock recently suffered another major blow after the company delivered lackluster earnings at the end of June.
Truth be told, the earnings were merely half bad. For those who are bearish, consider that Micron stock has.
Den vollständigen Artikel lesen ...
Perhaps the microchip industry has lost its mojo, because U.S.-based microchip maker Micron Technology, Inc. (NASDAQ:MU) has plunged on the charts since last March. Indeed, last fall, Micron stock was trading around $14.50 per share-and even that was half the value, if not less, than its share price in 2014. Unfortunately, Micron stock recently suffered another major blow after the company delivered lackluster earnings at the end of June.
Truth be told, the earnings were merely half bad. For those who are bearish, consider that Micron stock has.
Den vollständigen Artikel lesen ...