(VIANEWS) – The NASDAQ opens in less than one hour and Micron Technology‘s pre-market value is already 16.77% up.
Micron Technology’s last close was $96.25, 5.5% below its 52-week high of $101.85.
The last session, NASDAQ ended with Micron Technology (MU) rising 2.39% to $96.25. NASDAQ jumped 1.25% to $16,369.41, after three successive sessions in a row of gains, on what was an all-around bullish trend trading session.
About Micron Technology
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Earnings Per Share
As for profitability, Micron Technology has a trailing twelve months EPS of $-6.28.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -14.91%.
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