Novavax NVAX has outperformed the market over the past 10 years by 10.16% on an annualized basis.
Buying $100 In NVAX: 10 years ago, an investor could have purchased 3.97 shares of Novavax at the time with $100. This investment in NVAX would have produced an average annual return of 23.94%. Currently, Novavax has a market capitalization of $16.43 billion.
Novavax's Share Price Over Last 10 Years
If you had invested $100 in Novavax you would have approximately $862.38 today.
In other words, you would have more than 8X'd your money.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.