Micron stock falls despite Q3 earnings beat

Earnings of chipmaker Micron Technology (MU) increased sharply in the third quarter as higher product demand and strong execution pushed up revenues. Though the results beat analysts’ predictions, the margin was not wide enough to cheer investors and as a result, the stock lost 1% in the after-hours trading. The Idaho-based semiconductor giant reported adjusted earnings … Continue reading Micron stock falls despite Q3 earnings beat