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MarketWatch First Take: Micron just released an objectively horrible earnings report. Why is the stock not falling?

Micron just reported its worst quarter in history, yet ended after-hours trading with the stock higher. So what the heck just happened? Read More...

Micron Technology Inc. just reported its worst quarter in history, revealing more than $2 billion in losses in three months and its worst gross margin since the dot-com bust.

Yet when the extended trading session ended Tuesday, Micron MU shares were up 1.2%.

So what the heck just happened?

The…

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