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Benzinga
Benzinga
Business
Adam Eckert

After-Hours Alert: Why Micron Stock Is Falling

Micron Micron Technology MU

Micron Technology Inc (NASDAQ:MU) shares are trading lower in Thursday's after-hours session after the company reported financial results and issued guidance well below analyst estimates. 

Micron reported fiscal third-quarter revenue of $8.64 billion, which was in line with analyst estimates, according to data from Benzinga Pro. The company reported quarterly adjusted earnings of $2.59 per share, which beat the estimate of $2.44 per share. 

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