Earnings Watch: Micron Technology Takes Center Stage Amidst Market Expectations
Micron Technology Inc. (NASDAQ:MU) will release its fiscal fourth-quarter earnings on September 30, and the market is eagerly awaiting the results.
The memory chipmaker's stock has skyrocketed by 276% this year, making it one of the biggest winners in the market.
According to Benzinga Pro data, the options market is pricing a post-earnings move of 8.06% in either direction for Micron Technology.
However, Micron ranks only seventh on the list of stocks that could swing the most this week, with an implied move of 6.98%, 7.49%, and 8.94% expected from Carnival (NYSE:CCL), Nike (NYSE:NKE), and Acuity (NYSE:AYI) respectively.
Other companies on the list include McCormick & Co. (NYSE:MKC), Accenture PLC (NYSE:ACN), FactSet Research Systems Inc. (NYSE:FDS), Jabil Inc. (NYSE:JBL), Jefferies Financial Group Inc. (NYSE:JEF), and CarMax Inc. (NYSE:KMX).