|Bid||0.00 x 50000|
|Ask||0.00 x 50000|
|Day's Range||35.76 - 36.43|
|52 Week Range||20.05 - 36.43|
|PE Ratio (TTM)||8.12|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
The technology shares after making a low on Wednesday rallied into the end of the week. There has been plenty of carnage in some of the best performing stocks but is the decline from the November 22th high already over? Are the hedge funds buying again? Should you?
On December 7, Edison International rose 4.4% and closed the day at $71.77. It's part of the S&P 500 utility sector, which rose 0.1% on Thursday.
Under the Senate’s proposal, companies would be allowed to expense 100% of their capital spending for the next five years.
Micron Technology Inc. shares rose 1.6% in Friday morning trade after analysts at Susquehanna raised their price target on the stock to $60 from $54. The analysts, led by Medhi Hosseini, wrote that "Micron's ...
Dec 6 (Reuters) - United Microelectronics Corp: * SAYS MICRON TECHNOLOGY INC FILED A CIVIL LAWSUIT IN CALIFORNIA ACCUSING UMC OF DRAM TRADE SECRET INFRINGEMENT * SAYS IT WILL APPOINT LEGAL COUNSEL TO PROTECT ...
Micron Technology (MU) rose to the top of the S&P 500 today as investors decided it was time to buy some beaten-down tech stocks. Micron Technology gained 3.3% to $41.21 today, while the S&P 500 declined ...
A frantic rotation in the equity market once again sent chipmakers reeling, handing bulls their fifth drop in six days as investors reallocated into stocks seen as more likely to benefit from a tax cut....
NEW YORK, NY / ACCESSWIRE / December 4, 2017 / Ambarella shares were on fire in Friday trading after better than expected quarterly results. Shares of Micron closed slightly in the red with continued losses ...
Here are MarketWatch articles to read this weekend. By Phil van Doorn.
Robert Maire of Semiconductor Advisors this afternoon takes a look at the fierce selling this week of Micron Technology (MU), as well as chip equipment stocks linked to memory-chip making, such as Lam Research (LRCX), and concludes that fear has taken over. All that was prompted by worries about NAND flash prices that first came to the fore on Monday with a report from Morgan Stanley, although Morgan Stanley analyst Joseph Moore actually defended Micron shares repeatedly. This is “knee jerk” reaction: The chip & chip equipment stocks continued their sell off today.
Shares of Micron Technology continue to go lower today, apparently driven by worries about NAND flash prices that first came to the fore on Monday with a report from Morgan Stanley. Interestingly, although another cautious note came out last night, this one from KeyBanc Capital Markets, the Morgan Stanley analyst who covers Micron, Joseph Moore, today again defends the stock, as he had on Monday.
Following a four-week gaining streak, Micron Technology started this week on a weaker note and fell to three-week low price levels.
Following a report Monday by Morgan Stanley regarding potential price declines for NAND flash chips, a report that seems to have contributed to a rout in semi stocks yesterday, and Micron Technology (MU) in particular, this afternoon comes another cautious note, this time from Keybanc’s Weston Twigg. Twigg, who has a Sector Weight rating on Micron shares, relates data from research firm InSpectrum that, similar to Morgan Stanley, shows “material NAND pricing declines” taking place “through the first half of 2018." Twigg cautions that the projections for NAND are preliminary at this point. Looking across the rest of the landscape, Twigg thinks Western Digital (WDC), the real subject of the Morgan Stanley note, faces greater risk than Micron.
As I wrote in a prior post, Credit Suisse analysts today are reflecting on the big drop in chip stocks yesterday, including a fall of nearly 9% in shares of Micron Technology (MU). While analyst John Pitzer and colleagues are fairly upbeat today about the semiconductor equipment stocks, including Lam Research (LRCX) and Applied Materials (AMAT), Pitzer sounds a little bit more cautious about the chip makers themselves. Pitzer notes that the drop yesterday occurred on day two of his firm’s technology investment conference, during which 14 different chip makers were presenting.
Intel (INTC) has started cashing out on complimentary products such as non-volatile memory and FPGA (field-programmable gate arrays).
BOISE, Idaho, Nov. 30, 2017-- Micron Technology Inc. today announced that the company has appointed Derek Dicker as vice president and general manager of the Storage Business Unit.. In this role, Dicker ...