A $10,000 investment in Micron Technology ( MU ) at its Nov. 6, 2023, adjusted closing price of $72. 92 would have been worth $90,015 at the Nov. 5, 2026, adjusted close of $656. 39. That’s enough to make shareholders laugh all the way to the bank, even after Micron dropped 17. 5% in value in a single session just this week. The twist, though, is that as chip stocks sold off, Micron traded at the lowest forward multiple in Seeking Alpha’s semiconductor-related screen .
POLARIS INSIGHTS