Here's How Much $100 Invested In Shopify 15 Years Ago Would Be Worth Today

Shopify SHOP has outperformed the market over the past 15 years by 9.88% on an annualized basis producing an average annual return of 22.04%. Currently, Shopify has a market capitalization of $138.03 billion.

Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 15 years ago, it would be worth $2,006.57 today based on a price of $106.83 for SHOP at the time of writing.

Shopify's Performance Over Last 15 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.