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Fly News Breaks for June 26, 2019
MU, WDC
Jun 26, 2019 | 08:02 EDT
Benchmark analyst Mark Miller said he believes Micron's (MU) results and commentary "don't bode well" for Western Digital (WDC) given the company's lower than expected guidance for the August quarter and expected FY20 capital expenditure reductions. NAND bit supply growth of high 30% is still expected to exceed mid-30% bit demand growth, noted Miller, who also pointed out that NAND chip average selling prices were down mid-teens percent sequentially. He keeps a Hold rating on Western Digital shares.
News For WDC;MU From the Last 2 Days
WDC
Apr 22, 2024 | 16:28 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WDC
Apr 22, 2024 | 12:15 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WDC
Apr 22, 2024 | 09:47 EDT
WDC
Apr 22, 2024 | 07:15 EDT
WDC
Apr 22, 2024 | 05:54 EDT
