Micron Technology, Inc. is a provider of memory and storage solutions. Co. offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. Co.'s segments include Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment includes memory and storage products sold into smartphone and other mobile-device markets. We show 60 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 MU market cap history over the course of time is important for investors
interested in comparing MU'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 MU versus a peer is one thing; comparing
MU 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 MU can fluctuate over the course of history.
With this page we aim to empower investors researching MU by allowing them to research the MU market cap history. |
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Video: The Importance of Market Cap
