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

Shopify SHOP has outperformed the market over the past 10 years by 24.61% on an annualized basis producing an average annual return of 34.15%. Currently, Shopify has a market capitalization of $68.44 billion.

Buying $100 In SHOP: If an investor had bought $100 of SHOP stock 10 years ago, it would be worth $1,876.88 today based on a price of $53.35 for SHOP at the time of writing.

Shopify'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.