Micron Rises, Take Two Mixed, FedEx Slips After Warning on Inflation, Trade Turmoil

On this episode of Stock Movers:
- Micron (MU) shares rise on Wednesday ahead of the semiconductor company’s fiscal third-quarter earnings report. Wall Street maintains high expectations for the memory manufacturer, with analysts tracking consensus projections for fiscal third-quarter earnings at $20.76 per share.
- Take Two Interactive Software (TTWO) will sell the standard version of Grand Theft Auto VI at $80. Grand Theft Auto VI will be out Nov. 19 and pre-sale orders open on Thursday, with a predecessor that has sold more than 230 million copies. Rockstar will also offer a $100 package called the Grand Theft Auto VI: Ultimate Edition that includes the game and exclusive premium content.
- FedEx (FDX) shares slip. FedEx Corp. reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs. The company's profit margin for the past quarter declined to 8.4%, below analysts’ expectations, due to "significant headwinds" including shifting global trade policies and the grounding of its MD-11 cargo jet fleet.

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