GameStop (NYSE:GME) has outperformed the market over the past 20 years by 4.37% on an annualized basis producing an average annual return of 12.61%. Currently, GameStop has a market capitalization of $13.11 billion.
Buying $100 In GME: If an investor had bought $100 of GME stock 20 years ago, it would be worth $1,076.35 today based on a price of $29.34 for GME at the time of writing.
GameStop’s Performance Over Last 20 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.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
