Micron Stock Is Back Above $1,000. Is a Stock Split Coming?
The memory maker has split its stock three times before -- but not once since 2000, back when it was still selling personal computers.
Overview
Micron Technology (NASDAQ:MU) has a four-figure price tag again. The memory specialist's stock closed Friday at $1,015.80, back above the $1,000 line after finishing as low as $924 last Monday. And it traded near $1,032 as of this writing, modestly higher Monday morning.
A price like that tends to raise a question that has nothing to do with memory chips: Is a stock split coming?
Details
Micron hasn't announced a split, and management hasn't publicly addressed the idea. But the company has split its stock three times before, most recently in 2000.
Source
Originally published at www.fool.com.
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