$1000 Invested In Shopify 5 Years Ago Would Be Worth This Much Today

Shopify SHOP has outperformed the market over the past 5 years by 20.5% on an annualized basis producing an average annual return of 28.47%. Currently, Shopify has a market capitalization of $69.33 billion.

Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 5 years ago, it would be worth $3,353.93 today based on a price of $54.05 for SHOP at the time of writing.

Shopify's Performance Over Last 5 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.