Benzinga | Dec 3, 2021 12:19PM EST

Here's How Much $1000 Invested In Marvell Technology 5 Years Ago Would Be Worth Today

Marvell Technology (NASDAQ:MRVL) has outperformed the market over the past 5 years by 27.42% on an annualized basis.

Buying $1,000.00 In MRVL: 5 years ago, an investor could have purchased 71.28 shares of Marvell Technology at the time with $1,000.00. This investment in MRVL would have produced an average annual return of 42.71%. Currently, Marvell Technology has a market capitalization of $68.79 billion.

Marvell Technology's Share Price Over Last 5 Years

If you had invested $1,000.00 in Marvell Technology you would have approximately $6,206.66 today.

In other words, you would have more than 60X'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.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.