$100 Invested In Shopify 15 Years Ago Would Be Worth This Much Today
Shopify (NASDAQ:SHOP) has outperformed the market over the past 15 years by 12.95% on an annualized basis producing an average annual return of 25.41%. Currently, Shopify has a market capitalization of $200.70 billion.
Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 15 years ago, it would be worth $3,005.43 today based on a price of $154.70 for SHOP at the time of writing.
Shopify's Performance Over Last 15 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted-In: BZI-PODNews Trading Ideas