Merrion Investment Management Co LLC cut its stake in Micron Technology (NASDAQ:MU) by 51.2% in the third quarter, leaving it with 1,813 shares after selling 1,900. The position, worth $1,931,000 at quarter-end, made up 0.8% of the fund's portfolio and was its 22nd largest holding. MU fell 5.6% ($52.40) to $878.84 on Friday, with a market capitalization of $994.34 billion. Micron's latest quarter brought revenue of $54.23 billion, up 379.1% year over year, and EPS of $33.42 that beat analyst estimates. The article also notes an average analyst rating of "Moderate Buy" and a quarterly dividend of $0.15.
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