Micron Technology and BlackBerry shares gain after results, and other stocks on the move

BlackBerry Ltd. BB shares climbed 15% in premarket trade after the security-software developer reported fiscal first-quarter results that topped Wall Street estimates.BlackBerry Ltd. BB shares climbed 15% in premarket trade after the security-software developer reported fiscal first-quarter results that topped Wall Street estimates.

Shares of American Outdoor Brands Inc. AOUT jumped 10% after hours after the maker of outdoor products and accessories reported a surprise quarterly adjusted profit and said it sees long-term, positive trends for its business. Micron Technology shares MU gained 4% after the chip maker’s results came in better than anticipated.

Shares of Overstock.com Inc. OSTK were up 9% after the company said it had acquired Bed Bath & Beyond’s brand and intellectual property.Coca-Cola stock KO weakened 0.3%. Reuters reported the World Health Organization may say that aspartame, used in diet sodas, is a possible carcinogen.

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Micron stock rises as CEO calls bottom in memory-chip marketMicron shares rose in the extended session Wednesday after $MU's chief executive called the bottom on the sector, and revenue came in slightly higher than expected. The company reported a third-quarter loss of $1.9 billion.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Asian chip stocks rally after Micron's bullish forecast signals easing supply glutShares of Asian chipmakers rallied after Micron's earnings beat estimates on the back of higher demand for its memory chips driven by the growing A.I. sector.
La source: CNBC - 🏆 12. / 72 Lire la suite »