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Here's How Much $1000 Invested In Shopify 5 Years Ago Would Be Worth Today

Benzinga ·  Sep 2, 2023 04:00

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 26.16% on an annualized basis producing an average annual return of 35.41%. Currently, Shopify has a market capitalization of $85.44 billion.

Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 5 years ago, it would be worth $4,552.07 today based on a price of $66.61 for SHOP at the time of writing.

Shopify's Performance Over Last 5 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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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