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
Tag: WMGI
Wright Medical and MicroPort Medical Signs a Definitive Acquisition Deal for $290 million (WMGI)
Wright Medical Group Inc. (NASDAQ: WMGI) announced on Wednesday that it has entered into a definitive agreement with MicroPort Medical B.V. under which MicroPort Scientific Corp, (a subsidiary of MicroPort Medical) will buy Wright’s OrthoRecon business in deal valued at $290 million.
Major Gainers and Losers in Early Trading on November 19; TSN, TXI, WMGI, BMTI, INTC
Shares of Tyson Foods Inc. (NYSE: TSN), a meat protein and food production company engaged in the production, distribution and marketing of chicken, beef, pork, prepared foods and related allied products, are soaring in early trading today.