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Barchart
Wajeeh Khan

Should You Buy the Post-Earnings Dip in Micron Stock Today?

Micron MU Tom OMalley Barclays Micron Technology

Micron Technology (MU) opened in the red on March 19, even after posting a blockbuster Q2 release, featuring a nearly 200% year-over-year increase in revenue to $23.86 billion. 

Investors are reacting primarily to geopolitical supply risks and CEO Sanjay Mehrotra’s comment that capital expenditures will “step up meaningfully” this year. 

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