If You Invested $100 In This Stock 10 Years Ago, You Would Have $300 Today

Benzinga2022-10-27

United Microelectronics (NYSE:UMC) has outperformed the market over the past 10 years by 1.68% on an annualized basis producing an average annual return of 12.14%. Currently, United Microelectronics has a market capitalization of $14.78 billion.

Buying $100 In UMC: If an investor had bought $100 of UMC stock 10 years ago, it would be worth $314.36 today based on a price of $5.92 for UMC at the time of writing.

United Microelectronics's Performance Over Last 10 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.

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