The Latest Breaking News from Nasdaq

Micron Technology Inc. (NASDAQ: MU) released fiscal fourth-quarter results after the closing bell on Thursday. The Boise, Idaho-based company reported downbeat revenues of $6.64 billion and adjusted earnings of $1.45 per share, ahead of the consensus estimate.

The stock market gave back earlier gains trading mixed with the small-caps leading the day. Animal health and fiber optic stocks powered up.

U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 100 points on Friday.

Dow Jones sports apparel giant Nike fell over 13% after reporting a massive inventory buildup. Stock indexes traded higher in the first hour.

Someone with a lot of money to spend has taken a bearish stance on Lululemon Athletica (NASDAQ:LULU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Upgrades

U.S. stocks traded mixed this morning, with the Dow Jones dropping more than 50 points on Friday.

The tech-heavy Nasdaq Composite Index on Thursday pulled back to a two-year low amid selling in stocks, including Apple Inc. (NASDAQ: AAPL) and Tesla Inc.

The Dow Jones dipped by more than 450 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall…