Here's How Much You Would Have Made Owning Shopify Stock In The Last 10 Years
Shopify (SHOP) has outperformed the market over the past decade, achieving an annualized return of 47.96%, exceeding the market by 36.94%. With a current market capitalization of $138.82 billion, a $1000 investment in SHOP stock 10 years ago would now be worth $50,250. This highlights the significant impact of compounded returns on investment growth over time.
Shopify SHOP has outperformed the market over the past 10 years by 36.94% on an annualized basis producing an average annual return of 47.96%. Currently, Shopify has a market capitalization of $138.82 billion.
Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 10 years ago, it would be worth $50,250.00 today based on a price of $107.00 for SHOP at the time of writing.
Shopify's Performance Over Last 10 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.
