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

DraftKings (NASDAQ:DKNG) has outperformed the market over the past 5 years by 636.17% on an annualized basis producing an average annual return of 648.54%. Currently, DraftKings has a market capitalization of $5.76 billion.

Buying $1000 In DKNG: If an investor had bought $1000 of DKNG stock 5 years ago, it would be worth $23,500,000.00 today based on a price of $14.10 for DKNG at the time of writing.

DraftKings's Performance Over Last 5 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.