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Stock Market Today, March 19: Micron Falls Despite Record Revenue Amid Margin and Capex Concerns [Yahoo! Finance]
Last micron technology, inc. earnings: 3/25 04:01 pm
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US:NASDAQ Investor Relations: investors.micron.com
various applications, closed Thursday at $444.27, down 3.78%. Shares moved lower despite record Q2 results and robust Q3 guidance, as worries about peaking margins and heavy capex weighed on the stock. Investors are watching how AI-driven memory demand supports future profitability. Trading volume reached 73.7 million shares, coming in about 102% above its three-month average of 36.5 million shares. Micron Technology IPO'd in 1984 and has grown 31,409% since going public. How the markets moved today S&P 500 slipped 0.28% to finish Thursday at 6,606, while the Nasdaq Composite also fell 0.28% to close at 22,091. Within semiconductor memory and storage solutions, peer Samsung Electronics closed at $200,500, down 3.84%, as investors weighed AI-chip demand against rising capacity and competitive pressure. What this means for investors Micron reported Q2 earnings yesterday that rocketed past Wall Street's expectations as sales nearly tripled and EPS rose to $12.07 from $1.41 last y
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