Micron's revenue guidance disappoints, causing stock drop; chipmakers affected

From Investing.com: 2024-06-27 15:19:03

U.S. stocks were mostly lower with Micron slide and consumer gains. Micron disappointed with revenue guidance, leading to a drop in stock. Chipmakers like Nvidia and Broadcom also dipped. Investors await economic data and Presidential debates. Walgreens and Levi Strauss slump, while McCormick rises. Nike’s earnings report awaited. International Paper falls as takeout deal falls through.



Read more at Investing.com: US stocks mostly as Micron slumps; presidential debate looms By Investing.com