Everywhere you look, the signs point to an awful rest of the year for Micron Technology (NASDAQ:MU). After a volatile second half of 2018, investors hoped that things would turn around in 2019. For a while, they did. From the January opener to April’s closing session, MU stock gained nearly 36%. But as you know, that bullishness crumbled shortly thereafter.For the first half of this year, sales to Chinese consumer-tech firm Huawei represented 13% of Micron’s total revenue. The jury’s still out on the impact on those sales from that “minor inconvenience” presented by the U.S. Department of Commerce labeling the
Will History Repeat Itself For Micron Technology???
June 13, 2019
Published by timm



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