Why Is Micron Stock Falling Despite Solid Results?
Micron (MU) just posted the best quarter in company history last month. The stock has fallen anyway. Revenue reached $41.46 billion in fiscal Q3 2026, up 346% year over year and 17% ahead of consensus. Adjusted EPS came in at $25.11 versus expectations of roughly $20.20, while gross margin hit a record 84.9%.
Micron (MU) just posted the best quarter in company history last month. The stock has fallen anyway. Revenue reached $41.46 billion in fiscal Q3 2026, up 346% year over year and 17% ahead of consensus. Adjusted EPS came in at $25.11 versus expectations of roughly $20.20, while gross margin hit a record 84.9%.
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