Biogen (NASDAQ:BIIB) has outperformed the market over the past 20 years by 2.47% on an annualized basis producing an average annual return of 9.5%. Currently, Biogen has a market capitalization of $30.05 billion.
Buying $100 In BIIB: If an investor had bought $100 of BIIB stock 20 years ago, it would be worth $591.62 today based on a price of $205.17 for BIIB at the time of writing.
Biogen'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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
