Micron Turned $10,000 Into About $130,000 in 5 Years. Most of It Came in the Past 12 Months.
Nearly all of the gain arrived in the past 12 months. What was behind it is the same factor that cost the memory producer $5.8 billion three years ago.
Overview
A year ago, a $10,000 investment in Micron Technology (NASDAQ:MU), bought at the stock's Sept. 15, 2021, closing price of $73.82, was worth about $21,500.
That was a solid four-year result. Not only had the money more than doubled, but it had also outpaced the S&P 500 (SNPINDEX:^GSPC), which rose about 47% over those four years and about 69% over the entire five.
Details
Then came year five. Shares have risen from about $159 in September 2025 to about $975 as I write this, a more than sixfold move that brings the five-year total to about $130,000 -- about 13 times the initial stake. (That reflects price alone. Micron's modest dividend, started in 2021, would add a little more if reinvested.)
Source
Originally published at www.fool.com.