Tuesday, November 19, 2024
HomeStock MarketMicron's inventory suffers as outlook for larger prices disappoints

Micron’s inventory suffers as outlook for larger prices disappoints


Shares of Micron Expertise Inc. took a success Tuesday, as traders appeared to focus extra on the memory-chip maker’s disappointing outlook for working bills than the raised steerage for each its top- and bottom-lines.

The inventory MU sank 2.6% in noon buying and selling, sufficient to steer the PHLX Semiconductor Index’s SOX decliners. It was additionally the S&P 500 index’s SPX second-worst performer.

Micron…

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