It Ain't Heavy, It's A Bottom [Seeking Alpha]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations:
investors.micron.com
Company Research
Source: Seeking Alpha
Summary Micron Technology Inc. has been clobbered as bears have front-run the decline in pricing. While they are right about the direction, they may be wrong about the timing and the magnitude. We see a washed-out sentiment with an excellent try point. Shares should move higher in the next 2-3 months as pace of price decline turns slower than bears have likely modeled. But I'm strong Strong enough to carry him He ain't heavy, he's my brother - The Hollies When a stock goes down day after day, in the face of what appears to be good fundamentals, there are two main possibilities. The first, there is a lot of bad news on the horizon and those in the know have started selling in bulk. The second is that it is moving away from fundamentals and due for a sizeable rebound. In the case of Micron Technology Inc. ( MU ), we believe both those apply. Let us explain. Future price trumps current price The stock market is forward-looking and nowhere is that more apparent i
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MU
News
- Biden, Seeking to Build on Fruitful Week, Announces Billions in Chip Grants [The New York Times]The New York Times
- Micron's $6.1B CHIPS Act Funding Propels Major Expansion In US [Yahoo! Finance]Yahoo! Finance
- Huawei-led firms receive Chinese backing to build advanced AI chips: report [Seeking Alpha]Seeking Alpha
- Biden, Seeking to Build on Fruitful Week, Will Announce Billions in Chip Grants [The New York Times]The New York Times
- Biden to announce preliminary deal with Micron for up to $6.14 bln in chip grants [Reuters]Reuters
MU
Earnings
- 3/20/24 - Beat
MU
Sec Filings
- 4/23/24 - Form 4
- 4/22/24 - Form 4
- 4/19/24 - Form 8-K
- MU's page on the SEC website