Palantir Technologies (NYSE:PLTR) has outperformed the market over the past 5 years by 45.48% on an annualized basis.
Buying $100 In PLTR: 5 years ago, an investor could have purchased 88.50 shares of Palantir Technologies at the time with $100. This investment in PLTR would have produced an average annual return of 58.56%. Currently, Palantir Technologies has a market capitalization of $22.92 billion.
Palantir Technologies's Share Price Over Last 5 Years
This $100 investment would be worth $1,011.06 today based on a price of $11.43 for PLTR at the time of writing.
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.
You can check out Benzinga's market data in an enhanced view on Benzinga Pro
This article was generated by Benzinga's automated content engine and reviewed by an editor.
