After-hours movers: Micron, H.B. Fuller, Concentrix, and more
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +351.8%
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After-Hours Stock Movers:
Micron Technology (NASDAQ: MU) rose 12% after it published strong quarterly results. Management said robust AI demand drove a strong ramp of data center DRAM products and high bandwidth memory.
NVIDIA (NASDAQ: NVDA), AMD (NASDAQ: AMD), Lam Research (NASDAQ: LRCX), Applied Materials (NASDAQ: AMAT), Western Digital (NASDAQ: WDC) and others traded higher after-hours in sympathy with Micron.
H.B. Fuller (NYSE: FUL) fell 9% after it cut full year guidance, citing worse than expected year-to-date performance and current macroeconomic conditions.
Jefferies Financial Group (NYSE: JEF) edged lower after it published second quarter results that were slightly lower than expected.
Concentrix Corporation (NASDAQ: CNXC) fell 11% after it delivered disappointing quarterly EPS and EPS guidance.
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