Fundamentally it appears their is still more room for $MU to drop.
Micron Technology's FQ2 2016 Guidance (Non GAAP) is a loss of -0.12 to -0.05 per share. Much worse than expected.
Gartner forecasts an oversupply in DRAM in 2016.
Micron Technology's FQ2 2016 Guidance (Non GAAP) is a loss of -0.12 to -0.05 per share. Much worse than expected.
Gartner forecasts an oversupply in DRAM in 2016.
