Micron Shares Plunge After Guidance
This is a news story, published by CNBC, that relates primarily to Micron news.
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•Micron shares plunge on weak second-quarter guidance
86% Informative
Micron shares plunged 12% in extended trading after the chipmaker issued weaker-than-expected second-quarter guidance.
First-quarter revenue was inline with analysts' expectations, while earnings topped estimates.
The chipmaker has seen its shares climb 22% year to date as of market close, trailing the Nasdaq 's 29% gain.
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