Micro Center Stock: Can You Buy Shares?

Last Updated on 08/24/2021 by GS Staff

Is Micro Center Publicly Traded?

Micro Center is a private company. It ranks #181 on Forbes list of America’s largest private companies. Since the company is private, you cannot purchase shares of Micro Center stock. Furthermore, it does not have a stock price or trade on an exchange such as the NYSE or NASDAQ. Unfortunately, there is no way for the general public to purchase Micro Center stock.

About Micro Center

Micro Center is owned by its parent company, Micro Electronics. Micro Electronics is a private company based out of Hilliard, Ohio. It was launched in 1979 by John Baker and Bill Bayne. The two men were at least partially influenced by their former employee, Radio Shack, when they developed the idea for Micro Center. The success of the initial store in Upper Arlington, Ohio is largely attributed to the store’s close location to Ohio State University, which met the demand of students, faculty, and the local population for personal, academic, and professional purposes.

Sales are estimated to be $2.5 billion for the company, which operates 25 retail locations in 16 states. Here are the states and cities where Micro Center has stores:

  • Tustin, California
  • Denver, Colorado
  • Duluth, Georgia
  • Marietta, Georgia
  • Chicago, Illionois
  • Westmont, Illinois
  • Overland Park, Kansas
  • Cambridge, Massachusetts
  • Rockville, Maryland
  • Parkville, Maryland
  • Madison Heights, Michigan
  • St. Louis Park, Minnesota
  • Brentwood, Missouri
  • North Jersey, New Jersey
  • Westbury, New York
  • Yonkers, New York
  • Flushing, New York
  • Brooklyn, New York
  • Columbus, Ohio
  • Mayfield Heights, Ohio
  • Sharonville, Ohio
  • St Davids, Pennsylvania
  • Houston, Texas
  • Dallas, Texas
  • Fairfax, Virginia

Will Micro Center Ever Be Public?

It would be pure speculation if we were to give a yes or no answer to this question. An argument can be made that Micro Center has been seemingly happy to be private since 1979 so why change. However, numerous factors can play into a longtime private company going public such as expansion, capital needs, and more. Furthermore, since the company is private, there is minimal press on the company to determine what is really going on with executives. Only time will tell whether Micro Center remains private or files to go public.

Image Credit – Nick Juhasz/Public Domain