MU earnings beat estimates but still plunges 7% off-market hours

Posted: Jun 27, 2024

- $MU beat earnings estimates - Stock price dropped by 7% - The drop may affect other semiconductor stocks, particularly $AMD - Questioning if the stock was overpriced, now correcting to accurate value - Wondering if now is a good entry point, expecting retail investors to help stock rebound against traders' new valuation





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