Here's How Much $100 Invested In Shopify 10 Years Ago Would Be Worth Today
Shopify (NASDAQ:SHOP) has outperformed the market over the past 10 years by 27.5% on an annualized basis producing an average annual return of 41.09%. Currently, Shopify has a market capitalization of $163.73 billion.
Shopify has grown much faster than most companies over the past 10 years, turning small investments into much larger ones. When you see a company that has done this well for so long, it's worth thinking about what made it work—but past wins don't guarantee future ones.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.