Here's How Much $100 Invested In Netflix 10 Years Ago Would Be Worth Today
Netflix, Inc. NFLX | 713.00 | -1.35% |
Netflix (NASDAQ:NFLX) has outperformed the market over the past 10 years by 17.6% on an annualized basis producing an average annual return of 28.16%. Currently, Netflix has a market capitalization of $239.97 billion.
Buying $100 In NFLX: If an investor had bought $100 of NFLX stock 10 years ago, it would be worth $1,132.10 today based on a price of $556.91 for NFLX at the time of writing.
Netflix's Performance Over Last 10 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.