$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,900 Today - Micron Technology (NASDAQ:MU)

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Micron Technology MU has outperformed the market over the past 10 years by 6.62% on an annualized basis producing an average annual return of 16.9%. Currently, Micron Technology has a market capitalization of $69.87 billion. Buying $1000 In MU: If an investor had bought $1000 of MU stock 10 years ago, it would be worth $4,880.64 today based on a price of $63.79 for MU at the time of writing. Micron Technology's Performance Over Last 10 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.