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Micron could lose money by year-end but its stock may be near a bottom, Citi says

Emily Bary
Micron could lose money by year-end but its stock may be near a bottom, Citi says

Micron Technology Inc. seems poised to report a “fugly” quarter on Tuesday and may lose money by the end of the year, according to Citi, but its stock could be nearing a bottom.