Should You Buy Micron Stock Before Its Sept. 30 Report?
The quarter's numbers are all but settled. The guidance that comes with them isn't.
Overview
Micron Technology (NASDAQ:MU) will report its fiscal fourth-quarter results on Wednesday, Sept. 30. As of this writing, shares sit near $928 -- down about 7% over the past week and about a quarter below their 52-week peak of $1,255.
A drop like that, two weeks before earnings, can make buying ahead of the report tempting. Should you buy the stock before the numbers arrive?
Details
There may be less suspense in this report than usual, though. Micron's fiscal fourth quarter is already over (it ended in early September), and the company already told everyone what to expect.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.