Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / MU - 3 Red Flags for Micron Technology's Future


MU - 3 Red Flags for Micron Technology's Future

2023-05-25 10:30:00 ET

It has been a tough year for Micron (NASDAQ: MU) . The memory chipmaker's stock closed at its all-time high last January, but subsequently tumbled more than 30% as investors fretted over the cyclical slowdown of the semiconductor market.

But even after that steep pullback, Micron still doesn't seem like a screaming bargain at 46 times forward earnings and five times this year's sales. These three bright red flags could also prevent value-seeking investors from rushing back.

Image source: Getty Images.

Continue reading

For further details see:

3 Red Flags for Micron Technology's Future
Stock Information

Company Name: Micron Technology Inc.
Stock Symbol: MU
Market: NASDAQ
Website: micron.com

Menu

MU MU Quote MU Short MU News MU Articles MU Message Board
Get MU Alerts

News, Short Squeeze, Breakout and More Instantly...