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Micron Technology saw a 13% surge after issuing strong guidance for the current quarter. The company predicts fiscal first-quarter adjusted earnings of approximately $1.74 per share and revenue around $8.70 billion. Peers Applied Materials and Lam Research also increased in sympathy, rising 3% and 4% respectively. H.B. Fuller faced a nearly 10% decline after falling short of analyst expectations in the fiscal third quarter. Concentrix shares dropped 14% despite beating revenue estimates in the fiscal third quarter. Armada Hoffler Properties saw a 5% dip in shares after announcing a public offering of seven million shares of its common stock. Worthington Steel experienced a 4% drop in shares in the fiscal first quarter, with net sales down 8% from the year prior and adjusted earnings at 56 cents per share.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
