Micron Technology Shares Under Pressure Ahead Of Earnings Report

Memory-chip maker Micron Technology (MU) has seen its stock pull back from its recent 18-year high as the company prepares to report fiscal third-quarter results after the market close on Wednesday.

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Micron stock fell in four straight trading sessions last week. It dipped 0.4%, near 58, in midday trading on the stock market today. Shares hit their highest point since the dot-com bust of 2000 on May 30, reaching 64.66.

Wall Street expects the Boise, Idaho-based company to earn $3.12 a...

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