Tag: trending

Micron is still ‘trending in the right direction’: Analyst

Micron Technology (MU) reported fourth quarter earnings, surpassing expectations on the top and bottom lines. However, the company’s weaker-than-expected outlook disappointed investors, triggering a downturn in the semiconductor sector and dragging chip stocks lower in Thursday’s trading session. CFRA Research senior industry analyst Angelo Zino and Bloomberg Intelligence analyst Jake Silverman join the Morning Brief […]