After-Hours Movers: Micron, H.B. Fuller, Concentrix, and Others

After-Hours Stock Movers:

Micron Technology experienced a 12% increase following the release of strong quarterly results. The management attributed this growth to robust demand for AI, which significantly boosted the sales of data center DRAM products and high bandwidth memory.

NVIDIA, AMD, Lam Research, Applied Materials, Western Digital, and several other companies also saw gains in after-hours trading, reflecting a positive response to Micron’s performance.

On the other hand, H.B. Fuller saw a 9% decline after it lowered its full-year guidance, citing worse-than-expected performance so far this year and challenging macroeconomic conditions.

Jefferies Financial Group experienced a slight drop after reporting second-quarter results that fell slightly short of expectations.

Concentrix Corporation dropped 11% following disappointing quarterly earnings per share (EPS) and a bleak EPS forecast.