• Fri. Apr 19th, 2024

Micron Technology’s Stock Soars to New Heights — TradingView News

BySamantha Johnson

Mar 26, 2024
Micron Technology’s Stock Soars to New Heights — TradingView News

Micron Technology, Inc. (MU), a leading worldwide provider of semiconductor memory solutions based in Idaho, has experienced a significant increase in its stock performance. In the past month, the company’s shares have returned +28.2%. The stock was added to the Focus List on December 27, 2016, at $23.26 per share, and has since increased by 373.82% to $110.21.

For the current quarter, Micron Technology is expected to post earnings of $0.19 per share, reflecting a year-over-year change of +113.3%. The earnings estimate for the next fiscal year is $7.46, indicating a change of +2,359.7% from the previous year. In the last 60 days, one analyst revised their earnings estimate upwards for fiscal 2024. On average, Micron Technology has surpassed earnings expectations by 69.6%. The company’s earnings are projected to grow by 92.6% for the current fiscal year.

By Samantha Johnson

As a content writer at newszkz.com, I delve into the realms of storytelling, blending words to paint vivid narratives that captivate and inform our readers. With a keen eye for detail and a passion for research, I craft compelling articles that resonate with our audience. My love for words drives me to explore diverse topics, ensuring that each piece I create not only educates but also entertains. Join me on this journey as we navigate the ever-evolving landscapes of news and knowledge together.

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