Thread regarding Micron Technology (MU) stock

$50 billion quarter and the stock drops

All the numbers indicate the company can barely keep up with demand. Growth has been crazy. Why then does the stock sit about 24% below its high from June? The memory cycle is peaking, at least that's the excuse. But a company guiding to $50 billion in a single quarter and the stock dropping doesn't add up. Are we betting against the numbers actually showing up?

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Post ID: @OP+1m2zczagh

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