Benzinga | Jan 21, 2022 10:07AM EST

Here's How Much $100 Invested In Shopify 5 Years Ago Would Be Worth Today

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 67.68% on an annualized basis.

Buying $100 In SHOP: 5 years ago, an investor could have purchased 2.02 shares of Shopify at the time with $100. This investment in SHOP would have produced an average annual return of 82.0%. Currently, Shopify has a market capitalization of $123.95 billion.

Shopify's Share Price Over Last 5 Years

If you had invested $100 in Shopify you would have approximately $1,996.04 today.

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.