Here's How Much $1000 Invested In Micron Technology 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Micron Technology (NASDAQ:MU) has produced an average annual return of 25.05%, outperforming the market. A $1000 investment in MU 15 years ago would now be worth $26,603.17. Micron's market cap stands at $91.70 billion.
January 09, 2024 | 3:00 pm
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Micron Technology has significantly outperformed the market with a 25.05% average annual return over the past 15 years, turning a $1000 investment into $26,603.17.
The historical performance data of Micron Technology is a strong indicator of the company's past ability to generate value for shareholders. While past performance is not indicative of future results, such a strong track record over a 15-year period can positively influence investor sentiment and potentially lead to increased investor interest in the short term.
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