News Snapshot:
Micron Technology (MU) and Nike (NKE) are next up on the earnings calendar as companies get ready to close their books on the third quarter. Nike stock, plagued by supply chain snarls, rising inventories and slowing sales in China, gave up the 100 price level Thursday. X Nike stock has a Composite Rating of 45 from IBD Stock Checkup, hurt by weakening fundamentals and poor price performance this year. Results are due Thursday after the close. Micron stock is also on a downtrend amid slowing revenue growth in recent quarters. In early August, Micron warned that revenue in the current...
