MU Mar 2025 195.000 put
| Previous close | 71.85 |
| Open | 71.85 |
| Bid | 71.65 |
| Ask | 74.20 |
| Strike | 195.00 |
| Expiry date | 2025-03-21 |
| Day's range | 71.85 - 71.85 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Micron is still trending in the right direction: Analyst
Micron Technology (MU) reported fourth quarter earnings, surpassing expectations on the top and bottom lines. However, the company's weaker-than-expected outlook disappointed investors, triggering a downturn in the semiconductor sector and dragging chip stocks lower in Thursday's trading session. CFRA Research senior industry analyst Angelo Zino and Bloomberg Intelligence analyst Jake Silverman join the Morning Brief to dissect these results and their implications. Zino attributes the muted reaction in Micron's share price post-results to the "beat and raise" scenario that unfolded last quarter. He notes that there was "a little bit of an expectation" for another impressive performance this time around. Despite falling short of these lofty expectations, Zino highlights strengths in areas such as pricing and margins. "Overall, it's somewhat of a mixed picture, but Micron is... trending in the right direction here," Zino told Yahoo Finance. Despite the underwhelming results, Silverman maintains that Micron's "fundamentals remain pretty positive." He expresses optimism about the company's AI-related growth potential, even though it wasn't evident in this quarter's results. Silverman emphasizes that AI integration is still in its "early stages" at Micron, suggesting that the semiconductor company stands to be "a particularly strong beneficiary" of the ongoing AI boom. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
Micron Q3 earnings top Wall Street estimates
Micron Technology (MU) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. The chip company reported adjusted earnings per share of $0.62 versus the estimate of $0.50. Adjusted revenue of $6.81 billion topped the estimated $6.67 billion. For the fourth quarter, Micron expects to report adjusted earnings per share in a range of $1.00-$1.16. The Street was expecting $1.02. The company sees adjusted revenue in a range of $7.4 billion-$7.8 billion. Analysts had been expecting $7.58 billion. Yahoo Finance's Josh Lipton and Julie Hyman break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Investor's Business DailyDow Jones Reverses After GDP, Jobless Claims; Micron Dives On Earnings
Stock Market Today: The Dow Jones reversed higher Thursday after GDP and jobless claims. Among the losers, Micron stock dived on earnings.
