Previous close | 56.00 |
Open | 55.40 |
Bid | 54.86 x 0 |
Ask | 55.13 x 0 |
Day's range | 55.01 - 55.40 |
52-week range | 51.47 - 86.52 |
Volume | |
Avg. volume | 7,173 |
Market cap | 61.428B |
Beta (5Y monthly) | 1.17 |
PE ratio (TTM) | 7.28 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.37 (0.69%) |
Ex-dividend date | 08 Apr 2022 |
1y target est | N/A |
Year-to-date, Micron shares have tumbled, decreasing nearly 40% in value and extensively underperforming the S&P 500.
Micron Technology (NASDAQ: MU) has been battered badly on the stock market in 2022, with share prices of the chipmaker down 37% so far despite a string of impressive quarterly results and its terrific growth. Investors, however, will be hoping for a turnaround in the memory specialist's fortunes when it releases its fiscal 2022 third-quarter earnings report on Thursday, June 30. More importantly, will Micron's guidance be solid enough to trigger a rally in the stock?
Industry-wide component supply constraints are expected to have negatively impacted Micron's (MU) top and bottom lines in the third quarter of fiscal 2022.