Here's How Much You Would Have Made Owning Shopify Stock In The Last 5 Years

Shopify SHOP has outperformed the market over the past 5 years by 7.08% on an annualized basis producing an average annual return of 20.96%. Currently, Shopify has a market capitalization of $104.44 billion.

Buying $1000 In SHOP: If an investor had bought $1000 of SHOP stock 5 years ago, it would be worth $2,490.55 today based on a price of $80.94 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.