Micron shares jump as blockbuster results spark Wall Street tech shake-up
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Summary
The results sent the company’s shares up 15% in after-hours trading, and the stock held on to those gains today even as the broader chip sector saw intense volatility. Micron says low prices discouraged investment After the bell yesterday, Micron Technology reported a blockbuster fiscal third quarter, with revenue up 346% and its gross margin approaching 85%. Wall Street drifts to a mixed finish after Micron soars and Apple drops.
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The results sent the company’s shares up 15% in after-hours trading, and the stock held on to those gains today even as the broader chip sector saw intense volatility.
according to 9to5MacMicron says low prices discouraged investment After the bell yesterday, Micron Technology reported a blockbuster fiscal third quarter, with revenue up 346% and its gross margin approaching 85%.
according to 9to5MacWall Street drifts to a mixed finish after Micron soars and Apple drops.
according to Pittsburgh Post-Gazette
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