Micron Crushes Earnings: Is a Stock Split Next?
After earnings failed to lift Micron's shares, a stock split may be in order.
Overview
Micron Technology (NASDAQ: MU) delivered spectacular fiscal third-quarter earnings when it reported results on June 24. However, after an initial jump in its stock price sent its shares to an all-time high of $1,255, it has now suddenly lost a quarter of its value in the preceding weeks.
With earnings by themselves unable to lift the stock, could a stock split be around the corner?
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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