The hedge fund founded by activist investor David Einhorn said that it owned 30.5 million shares of Micron at the end of the third quarter, down from its stake of 40.3 million shares at the end of the second quarter.
Greenlight Capital first disclosed its stake in Micron in November 2013.
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Greenlight Capital also lowered its stake in Marvell (MRVL) to 26.4 million shares at the end of the third quarter, down from 39.6 million at the end of the second quarter.
TheStreet Ratings team rates MICRON TECHNOLOGY INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate MICRON TECHNOLOGY INC (MU) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income."