Micron Technology Inc, (NASDAQ: MU) plunged about 3.15% by afternoon trade. Across-the-board sell-off in U.S. equities on Thursday could be the only reason why Micron shares are sliding. The Company handed better-than-expected fiscal third quarter results on Wednesday. For the quarter, the company reported adjusted earnings of 4 cents a share on revenue of $2.32 billion while analysts’ consensus estimate was for earnings of 2 cents a share on revenue of $2.25 billion. On Thursday, at least five brokerage firms lifted their price target on Micron Technology’s shares. Continue reading Major Movers on June 20; MU, NOK, MSFT, GME, RAD, FNSR, WMGI
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Major Movers on March 22; NKE, TIBX, MU, TECD, MDLZ, TIF
Shares of Nike Inc. (NYSE: NKE) rallied by afternoon trade after the sports apparel and footwear maker reported better-than-expected fiscal third quarter results, late last evening.
Continue reading Major Movers on March 22; NKE, TIBX, MU, TECD, MDLZ, TIF
Major Movers on December 21; ALX, RIMM, NKE, MU, TIBX, WAG
Shares of Alexander’s Inc. (NYSE: ALX), a real estate investment trust (REIT), are gaining in trading today. At last check, ALX shares were trading 1.30% higher at $340.60 on above average volume of 18,867. The stock hit an intra-day high of $348.99 earlier today. Despite the gains today, ALX has fallen more than 24% in the last three trading sessions.
Continue reading Major Movers on December 21; ALX, RIMM, NKE, MU, TIBX, WAG