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Micron Investors Aren’t Rewarding Strong Earnings the Way They Used to
Micron shares have nearly quadrupled in value this year.Credit: Prakash Singh / Bloomberg via Getty ImagesKey TakeawaysMicron shares made modest gains Thursday in the wake of a strong earnings report.The memory chipmaker could face a particularly high bar to excite investors, after a big runup in the stock earlier this year.Wall Street analysts expect the shares still have room to rise.It’s getting harder for Micron to impress investors with its results. Shares of Micron (MU) were up about 2% in recent trading, a day after the company posted earnings that topped analysts’ estimates and a rosy…
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