Nike & Finish Line outrun the Street; Micron drops to 52-wk low
Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
Micron
Traders chipped away at Micron (MU). Shares of the chip maker plunged sharply after a drop in its latest quarterly earnings and revenue. Micron's CEO blamed the "weakness in the PC sector" for the disappointing results.
Nike
Nike (NKE) jumped to new heights. Shares of the world's largest footwear maker hit a new 52-week high, after surpassing quarterly earnings estimates. Nike raised its sales outlook for the current fiscal year and posted a surprise rise in "future orders" growth.
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Finish Line
Shares of Finish Line (FINL) are on track to end the day on the positive side. The athletic shoe store's earnings and sales outpaced Wall Street's expectations. The company also said it plans to buy back 1.25 million shares this quarter.