Block (NYSE:SQ) has outperformed the market over the past 5 years by 40.01% on an annualized basis. Buying $1,000 In SQ: 5 years ago, an investor could have purchased 60.57 shares of Block at the time with $1,000. This
Block (NYSE:SQ) has outperformed the market over the past 5 years by 40.01% on an annualized basis.
Buying $1,000 In SQ: 5 years ago, an investor could have purchased 60.57 shares of Block at the time with $1,000. This investment in SQ would have produced an average annual return of 53.67%. Currently, Block has a market capitalization of $81.54 billion.
Block's Share Price Over Last 5 Years
If you had invested $1,000 in Block you would have approximately $8,518.47 today.
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.
