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Micron’s (MU) stock jumped Friday on the chipmaker’s Q4 earnings and revenue beat. The Boise, Idaho, maker of memory chips late Thursday posted results for its fiscal Q4 ended Sept. 3. Micron reported earnings per share ex items of 37 cents on $3.6 billion in revenue, down 55% and 15%, respectively, from fiscal Q4 2014. Both measures beat the consensus of 31 analysts polled by FactSet. The consensus had modeled $3.56 billion in revenue and 31 Scalper1 News
Scalper1 News