In three days, Micron will release its earnings report—a big test. If the earnings don’t come in “above expectations,” then Micron could be in trouble, because Micron has already risen 450-1200 since its last earnings report, nearly 3x. And this time, the current Q3 earnings report estimate is 35 billion, with Q2 at 20 billion, a 3.97-fold quarter-over-quarter increase.


So far, it looks like it will most likely meet expectations, but the stock price has already priced this in. After last time the earnings came out, the stock fell for several days, from 450 to 320, and then it continued to surge strongly.
Will this earnings report continue to bring positive momentum—or turn into a negative surprise? After all, although revenue increased 4x quarter-over-quarter, the stock price increased 10x quarter-over-quarter.😂
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