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Equinix (NASDAQ:EQIX) has outperformed the market over the past 10 years by 3.14% on an annualized basis producing an average annual return of 13.99%. Currently, Equinix has a market capitalization of $57.25 billion.
Buying $100 In EQIX: If an investor had bought $100 of EQIX stock 10 years ago, it would be worth $359.40 today based on a price of $629.00 for EQIX at the time of writing.
Equinix's Performance Over Last 10 Years
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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.