Shopify SHOP has outperformed the market over the past 5 years by 67.68% on an annualized basis.
Buying $100 In SHOP: 5 years ago, an investor could have purchased 2.02 shares of Shopify at the time with $100. This investment in SHOP would have produced an average annual return of 82.0%. Currently, Shopify has a market capitalization of $123.95 billion.
Shopify's Share Price Over Last 5 Years
If you had invested $100 in Shopify you would have approximately $1,996.04 today.
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.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.