DraftKings (NASDAQ:DKNG) has outperformed the market over the past 5 years by 505.42% on an annualized basis.
Buying $100 In DKNG: 5 years ago, an investor could have purchased 50,000.00 shares of DraftKings at the time with $100. This investment in DKNG would have produced an average annual return of 518.83%. Currently, DraftKings has a market capitalization of $7.37 billion.
DraftKings's Share Price Over Last 5 Years
This $100 investment would be worth $907,500.00 today based on a price of $18.13 for DKNG 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.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
