GameStop (NYSE:GME) has outperformed the market over the past 10 years by 2.87% on an annualized basis.
Buying $1,000 In GME: 10 years ago, an investor could have purchased 40.39 shares of GameStop at the time with $1,000. This investment in GME would have produced an average annual return of 16.19%. Currently, GameStop has a market capitalization of $8.49 billion.
GameStop’s Share Price Over Last 10 Years
If you had invested $1,000 in GameStop you would have approximately $4,477.38 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.