|Bid||54.6600 x 100|
|Ask||54.6800 x 200|
|Day's range||53.6800 - 58.7700|
|52-week range||26.3600 - 63.4200|
|PE ratio (TTM)||8.51|
|Earnings date||21 Mar 2018 - 26 Mar 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||66.68|
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Micron Technology didn't meet the lofty expectations of some investors, who sold off shares of the memory-chip maker on Friday.
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including Facebook's Cambridge Analytica scandal, Chipotle's new head of marketing, and earnings results from Micron and Nike.
Micron shares are down more than 5% after the company reported an earnings beat and detailed spending plans.
Facebook’s a Buy, says critic Galloway Shares of Facebook (FB) are up 25 cents at $165.14, as the scandal over Cambridge Anaytica continues to unfold. Jon Swartz has a write-up of the remarks last night by COO Sheryl Sandberg, in which she said the company is “not waiting” for regulations but is “taking aggressive steps to be more transparent.” Jack Hough has an interview with noted New York University professor Scott Galloway, who predicts, “In Washington, you’re going to see indignation and barking at the moon, but not a lot of meaningful legislation.” As for the stock, "I think it’s a buy,” he observes. Speaking of Washington, the House Energy & Commerce committee sent a note to Facebook founder and CEO Mark Zuckerberg expressing its concerns and asking him to testify.
The S&P 500, Nasdaq and Dow Jones tumbled in the week on Trump China tariffs, Facebook's data privacy scandal, while Tencent and Oracle dove after results.
Stocks fought to reverse impact from China tariffs, as Nike and Wynn Resorts led narrow early gains.l.
Micron's (MU) stellar Q2 results and encouraging Q3 outlook signal that the DRAM boom is here to stay, at least for the near term, as demand remains ahead of supply.