Micron Stock Rallies On Strong Earnings and an Upbeat Outlook – Barrons

Memory-chip maker Micron Technology posted better-than-expected results for its latest quarter on Tuesday. The firm also provided an optimistic outlook that exceeded Wall Street’s estimates.

Micron (ticker: MU) shares were up nearly 4% in after hours trading. That follows a 2.7% gain during Tuesday’s regular session, in which shares closed at $82.05.

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