$100 Invested In Micron Technology 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Micron Technology (NASDAQ:MU) has outperformed the market with an annualized return of 28.72%, turning a $100 investment into $339.32 today. The company's market capitalization now stands at $136.20 billion.
May 14, 2024 | 4:00 pm
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Micron Technology has seen a significant return of 28.72% annually over the past 5 years, with a current market cap of $136.20 billion.
The article highlights Micron Technology's strong performance over the past 5 years, significantly outperforming the market. This historical performance, especially with a substantial annualized return of 28.72%, is likely to positively influence investor sentiment and potentially attract more investment, contributing to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100