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Buyers Push Micron Stock To Nose-Bleed Levels As Earnings Approach; Darden, FedEx Results Also On Tap

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03:12 PM ET 06/18/2026

Wall Street thought Micron's (MU) run was just starting when the company reported earnings on March 18. But a 682% surge in quarterly profit and a 196% revenue jump weren't good enough as sellers sent the stock lower by nearly 4% the next day. Over the next seven sessions, Micron stock lost another 27%. Granted, the major stock indexes were…