Micron Technology
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Ticker Summary (MU)
| 7.28-0.50 (-6.43%) | |
|---|---|
| Open | 7.58 |
| High | 7.60 |
| Low | 7.26 |
| Volume | 68,687,800 |
| Market Cap | 7.238B |
| 52 Week High | 11.40 |
| 52 Week Low | 6.12 |
| P/E | 4.67 |
| F P/E | 4.23 |
| EPS | 1.56 |
| Dividend | N/A |
| Yield | N/A |
| 1 Year Target | 14.73 |
MU 7.28 -6.43%
Micron Technology reported $706 million loss for its first fiscal quarter. The company wrote down the value of its inventory due to falling product prices. The company has been experiencing much lower demand for its memory chips as the economy continues to weaken.
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