Micron shares (NASDAQ:MU) drop 10.6% as pricing strength hits buyer pushback

Micron shares (NASDAQ:MU) drop 10.6% as pricing strength hits buyer pushback

Micron Technology, Inc. closed out a turbulent week, even as it projected another quarter of earnings improvement. The chipmaker’s revenue outlook for the current quarter points to 20.6% growth over the previous period, but shares slid 10.6%. The decline indicates investors may view the current surge as the market’s top.

Latest