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$100 Invested In Shopify 10 Years Ago Would Be Worth This Much Today

Author: Benzinga Insights | April 10, 2024 01:00pm

Shopify (NYSE:SHOP) has outperformed the market over the past 10 years by 29.19% on an annualized basis producing an average annual return of 39.98%. Currently, Shopify has a market capitalization of $93.85 billion.

Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 10 years ago, it would be worth $2,868.20 today based on a price of $72.91 for SHOP at the time of writing.

Shopify's Performance Over Last 10 Years

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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: SHOP

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