Micron Technology, Inc.
MU
position
long
Craig Effron
Thesis
The investor discussed owning Micron, noting that despite its significant price drop from $36 to $15, they had previously seen potential in the stock due to a reduction in competition in the memory chip market.
Did it work?
worked
confidence: high
The stock price of Micron has increased significantly by 5854.6%, which aligns with the long thesis that highlighted potential due to reduced competition in the memory chip market. Given the magnitude of the return, it is clear that the thesis played out successfully, confirming the investor's outlook on the stock.
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