Market check: Dow extends streak, Nasdaq down, S&P 500 up slightly

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Motley Fool

Here’s 1 Big Reason to Buy Micron Technology Stock Right Away

Micron Technology’s (NASDAQ: MU) stock price surged after the company’s fiscal 2022 first-quarter results were released on Dec. 20, showing that its revenue, earnings, and guidance exceeded Wall Street’s expectations. Micron’s revenue shot up 33% year over year in Q1 to $7.69 billion, while its earnings jumped to $2.16 per share from $0.78 per share in the year-ago period. One of the reasons behind Micron’s impressive growth last quarter was the jump in the company’s revenue from the mobile business.