Rebecca Ungarino / Business Insider: Finance
Beaten-down chipmaker Micron sinks on earnings as it hits air pocket (MU) – * We are just going through an air pocket here, Sanjay Mehrotra, Microns chief executive officer, said on the companys earnings call in response to an analysts question regarding inventory issues. Micron Technology fell 3% Wednesday after the company reported disappointing quarterly results, lowered its capital expenditure guidance, and said …
