$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,800 Today

$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,800 Today

Globalstar GSAT has outperformed the market over the past 10 years by 9.1% on an annualized basis producing an average annual return of 19.52%. Currently, Globalstar has a market capitalization of $4.10 billion.

Buying $1000 In GSAT: If an investor had bought $1000 of GSAT stock 10 years ago, it would be worth $5,820.51 today based on a price of $2.27 for GSAT at the time of writing.

Globalstar'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.

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