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Micron Stock Inches Closer to $1,000 Per Share, but Time Is Running Out for a Stock Split in 2026
Currently.com • • general
Key Points:
- Micron Technology's stock experienced significant volatility recently, dropping to $739 on July 29 due to concerns about AI competition, profit-taking, and memory market dynamics, but rebounded to $971.66 by August 14.
- While a stock split for Micron before the end of 2026 is technically possible, recent examples show splits typically take less than two months from announcement to completion, and the timing is tight as it is mid-August.
- Companies may avoid stock splits to prevent the volatility that often follows split announcements, as research shows splits can attract short-term traders, leading to potential price pressure after initial gains.
- For long-term investors, Micron's focus should be on securing multi-year contracts to stabilize revenue and reduce boom-or-bust risks in the memory market rather than on the prospect of a stock split.
- The Motley Fool Stock Advisor team did not include Micron in its current top 10 stock picks, highlighting other stocks with potentially higher returns based on historical performance data.
