Shopify 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.
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Great Job Benzinga Insights & the Team @ Benzinga – Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals Source link for sharing this story.