Why Isn't Micron's Stock Taking Off After Reporting Strong Q4 Numbers?
Micron's revenue soared by 379% last quarter, but that wasn't enough to get the market excited about the stock.
Overview
Micron Technology (NASDAQ:MU) released its latest earnings numbers last week, which yet again showed impressive growth on both its top and bottom lines.
But despite the seemingly strong results, the stock hasn't been taking off in value. Is this a sign that these types of results are already baked into the share price, and that Micron's stock may be approaching a peak, or could there be other concerns weighing on investors' minds?
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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