Micron Technology (MU) to guide below estimates, but Citi still positive

Micron Technology misses expectations, reducing headcount by 10% through 2023

(Updated - December 21, 2022 4:25 PM EST)

Micron Technology (NASDAQ: MU) shares edged lower after-hours Wednesday after the company posted its fiscal first-quarter earnings, which missed analyst consensus expectations.

The semiconductor manufacturing firm posted an adjusted loss per share of $0.04, wider than expectations of a $0.01 loss per share, while revenue came in at $4.09 billion, missing the consensus estimate of $4.15... More

Micron Technology (MU) call put ratio 1 call to 1.2 puts into quarter results

Micron Technology (NASDAQ: MU) December weekly call option implied volatility is at 87, January is at 45; compared to its 52-week range of 49 to 68 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1.2 puts.

Samsung NAND price hike rumors appear "bogus", Mizuho's Klein says

Mizuho's memory team in Asia refutes reports from Digitimes on Tuesday that Samsung raised its NAND prices in 1HDec as much as 10%."

Shares of Western Digital (NASDAQ: WDC) rose on the news, which Mizuho's desk-based analyst Jordan Klein views as confirmation... More

Stocks expected to have increasing option volume: MU NKE KMX FDX UPS BA LCID

Stocks expected to have increasing option volume: MU NKE KMX FDX UPS BA LCID

Existing home sales, Micron earnings, Carnival Reports: 3 things to watch

By Liz Moyer

Investing.com -- Stocks regained earlier losses as investors tried to shrug off worries about recession to snap a multi-day losing streak.

The much-hoped-for Santa Clause rally hasn't materialized yet this month as investors fear the Federal Reserve's aggressive stance toward fighting inflation could tip the economy into a recession. The Fed has signaled it intends to keep interest rates higher for longer, rather than the pause or... More

Micron Technology (MU) call put ratio 1 call to 1.1 puts into quarter results

Micron Technology (NASDAQ: MU) December weekly call option implied volatility is at 81, January is at 48; compared to its 52-week range of 49 to 68 into the expected release of quarter results after the bell on December 21. Call put ratio 1 call to 1.1 puts.

Micron Technology (MU) call put ratio 1.1 calls to 1 put into quarter results

Micron Technology (NASDAQ: MU) December weekly 52 straddle priced for a move 7.5% into the expected release of quarter results after the bell on December 21.

Micron Technology (MU) December weekly option implied volatility elevated into quarter results

Micron Technology (NASDAQ: MU) December weekly call option implied volatility is at 71, January is at 47; compared to its 52-week range of 49 to 68 into the expected release of quarter results after the bell on December 21. Call put ratio 1 call to 1.1 puts.

Forget about Tech's outperformance in 2023 - Bernstein's Sacconaghi

Despite a strong selloff in 2022, the tech valuations are not as cheap as this years pullback may suggest, Bernstein analyst Toni Sacconaghi wrote in a client note.

Sacconaghi doesnt expect tech stocks to grow at a material premium to the wider market, hence Sacconaghi reiterated a Market Weight rating on the... More

Micron Technology (MU) December weekly 52 straddle priced into quarter results

Micron Technology (NASDAQ: MU) December weekly 52 straddle priced for a move 7.5% into the expected release of quarter results after the bell on December 21.

Micron Technology (MU) PT Lowered to $67 at BMO Capital

BMO Capital analyst Ambrish Srivastava lowered the price target on Micron Technology (NASDAQ: MU) to $67.00 (from $70.00) while maintaining a Outperform rating.... More