Elon Musk praises Micron's reasonable memory pricing policy
MU Micron Technology Inc
$914.13 -4.10%
View chart & analysis → - 1Elon Musk said Micron was reasonable regarding future memory prices while others were excessive.
- 2Operating margins for some segments of Micron exceeded 80%.
- 3Micron's share repurchase authorization limit was increased to $35.16 billion.
So what's the key point?
Elon Musk praised Micron for its reasonable memory pricing. Micron achieved over 80% profit in some areas and has been authorized to buy back more of its own shares.
Source Yahoo Finance +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.