Micron (MU) Shares Pummeled on Lower Guidance, Layoffs
July 01, 2016 at 10:51 AM EDT
Shares of Micron Technology (MU) were trading down -1.21 or -8.79 percent to $12.55 per share after the company reported lower than expected third quarter revenue missing Street expectations yesterday after the market close. In addition, the company announced it would be laying off part of its workforce citing weaker than expected growth prospects. Micron ... READ MORE Read the rest of Micron (MU) Shares Pummeled on Lower Guidance, Layoffs at InvestorGuide.com .
