Accessibility Menu
 
Arrow-Thin-Down
S&P 500
7,137.90
+1.0%
+73.89
Arrow-Thin-Down
DJI
49,490.03
+0.7%
+340.65
Arrow-Thin-Down
NASDAQ
24,657.57
+1.6%
+397.60
Arrow-Thin-Down
Bitcoin
$78,006.00
+0.6%
+$430.46
Arrow-Thin-Down
AAPL
$273.17
+2.6%
+$7.00
Arrow-Thin-Down
AMZN
$255.36
+2.2%
+$5.45
Arrow-Thin-Down
GOOG
$337.73
+2.2%
+$7.26
Arrow-Thin-Down
META
$674.90
+0.9%
+$6.06
Arrow-Thin-Down
MSFT
$432.85
+2.0%
+$8.69
Arrow-Thin-Down
NVDA
$202.34
+1.2%
+$2.46
Arrow-Thin-Down
TSLA
$387.59
+0.3%
+$1.17
Most Active StocksDaily Stock GainersDaily Stock Losers

Why Is Micron Stock Down After a Double Earnings Beat?

Micron Technology's stock dropped 7% after the company reported earnings.

By Neil Rozenbaum – Jun 27, 2024 at 5:45AM EST

In this video, I will talk about Micron Technology's (MU +8.50%) latest earnings report, comments from management about the outlook, and explain why the stock is down.

*Stock prices used were from the trading day of June 25, 2024. The video was published on June 25, 2024.

Read Next

Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Micron Technology Stock Quote
Micron Technology
NASDAQ: MU
$487.57
(+8.50%)+$38.19

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services