Micron Technology Shares Rally On Earnings Beat

MarketWatch Pulse

Micron Technology Inc. shares rallied in the extended session Wednesday after the chip maker's quarterly earnings topped Wall Street estimates. Micron shares advanced 5% to $28.49 on heavy volume. The company reported adjusted fiscal second-quarter earnings of 81 cents a share on revenue of $4.17 billion. Analysts surveyed by FactSet had expected 72 cents a share on revenue of $4.15 billion.

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