$1000 Invested In Micron Technology 15 Years Ago Would Be Worth This Much Today

$1000 Invested In Micron Technology 15 Years Ago Would Be Worth This Much Today

Micron Technology MU has outperformed the market over the past 15 years by 5.08% on an annualized basis producing an average annual return of 10.81%. Currently, Micron Technology has a market capitalization of $55.27 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 15 years ago, it would be worth $4,638.89 today based on a price of $50.10 for MU at the time of writing.

Micron Technology's Performance Over Last 15 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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