Micron Technology is engaged in the memory and storage solutions. Co. delivers a range of DRAM, NAND, and NOR memory and storage products through its Micron® and Crucial® brands. Co.'s business units are: Compute and Networking Business Unit, which includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit, which includes memory and storage products sold into smartphone and other mobile-device markets; Embedded Business Unit, which includes memory and storage products sold into automotive, industrial, and consumer markets; and Storage Business Unit, which includes solid state drives and component-level solutions. We show 57 historical shares outstanding datapoints in our MU shares outstanding history coverage, used to compute MU market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Micron Technology market cap history over the course of time is important for investors
interested in comparing Micron Technology's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Micron Technology versus a peer is one thing; comparing
Micron Technology market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Micron Technology can fluctuate over the course of history.
With this page we aim to empower investors researching Micron Technology by allowing them to research the Micron Technology market cap history. |
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Video: The Importance of Market Cap
