Here's How Much You Would Have Made Owning Marvell Tech Stock In The Last 5 Years

Benzinga · 09/27 20:00

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 5 years by 9.84% on an annualized basis producing an average annual return of 24.12%. Currently, Marvell Tech has a market capitalization of $61.21 billion.

Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 5 years ago, it would be worth $2,831.40 today based on a price of $70.67 for MRVL at the time of writing.

Marvell Tech's Performance Over Last 5 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.