Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

Here's How Much $1000 Invested In Digital Turbine 5 Years Ago Would Be Worth Today

Digital Turbine (NASDAQ:APPS) has outperformed the market over the past 5 years by 98.32% on an annualized basis.

Buying $1,000 In APPS: 5 years ago, an investor could have purchased 1,136.36 shares of Digital Turbine at the time with $1,000. This investment in APPS would have produced an average annual return of 111.42%. Currently, Digital Turbine has a market capitalization of $3.61 billion.

Digital Turbine's Share Price Over Last 5 Years

This $1,000 investment would be worth $42,244.32 today based on a price of $37.18 for APPS 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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.