MU Rises 8%: Profit Closer on NAND, DRAM Pricing, Say Bulls
Shares of DRAM and NAND chip maker Micron Technology (MU) today closed up 73 cents, or almost 8%, at $10.04, and went as high as $10.27 at one point, following the company’s having reported yesterday afternoon fiscal Q2 revenue that topped analysts’ estimates, helped by rising shipments and NAND pricing that held up. Shares of [...]
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