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

Benzinga ·  Sep 16 22:00

Micron Technology (NASDAQ:MU) has outperformed the market over the past 15 years by 5.01% on an annualized basis producing an average annual return of 16.69%. Currently, Micron Technology has a market capitalization of $96.80 billion.

Buying $1000 In MU: If an investor had bought $1000 of MU stock 15 years ago, it would be worth $10,486.79 today based on a price of $87.30 for MU at the time of writing.

Micron Technology's Performance Over Last 15 Years

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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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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