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Here's How Much You Would Have Made Owning Micron Technology Stock In The Last 10 Years

BY Benzinga
— 5:11 PM ET 05/23/2022

Micron Technology NASDAQ:MU has outperformed the market over the past 10 years by 16.02% on an annualized basis producing an average annual return of 27.52%. Currently, Micron Technology has a market capitalization of $77.71 billion.

Buying $100 In MU: If an investor had bought $100 of MU stock 10 years ago, it would be worth $1,137.09 today based on a price of $69.59 for MU at the time of writing.

Micron Technology's Performance Over Last 10 Years

comp_fig

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.

More MU News

  • AMD, Nvidia And Micron Present At Computex 2022: What Investors Should Know
    Benzinga - 5:37 AM ET 05/23/2022
  • Phison Announces Strategic PCIe Gen5 Relationship with AMD and Micron at Computex 2022
    Business Wire - 2:30 AM ET 05/23/2022
  • Computer chip giant ASML places big bets on a tiny future
    Reuters - 1:04 AM ET 05/20/2022
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