Friday, December 19, 2008

Plunged on negative news from GE

Micron jumped 20% as the company said it has developed a longer-lasting flash storage technology. Other semiconductors took a beating after Deutsche Bank painted a grim picture for the industry. Oraclу reported earnings in-line with estimates and added 3% after hours.
Current (2:40 am ET) NASDAQ Futures: -8.75 1216.75