Micron Technology Inc. in 3 Charts
Even as the Nasdaq Composite is reaching fresh all-time highs, Micron Technology (NASDAQ: MU) stock's 138% rally over the past 12 months puts the Nasdaq's 25% rise to shame. These numbers certainly don't lie, but they also only tell part of the story when it comes to Micron.
Take a step further back to view the bigger picture, and one sees a company that has experienced both sweeping successes and stinging failures over the years, a point investors enamored by its recent rally must keep in mind. To get a better sense of the company and the forces that drive it, let's examine three charts that sum up Micron Technology and its long-term share price dynamics.
Image Source: Micron Technology
Source: Fool.com