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$100 Invested In This Stock 5 Years Ago Would Be Worth This Much

Benzinga2022-02-25

Palantir Technologies (NYSE:PLTR) has outperformed the market over the past 5 years by 45.48% on an annualized basis.

Buying $100 In PLTR: 5 years ago, an investor could have purchased 88.50 shares of Palantir Technologies at the time with $100. This investment in PLTR would have produced an average annual return of 58.56%. Currently, Palantir Technologies has a market capitalization of $22.92 billion.

Palantir Technologies's Share Price Over Last 5 Years

This $100 investment would be worth $1,011.06 today based on a price of $11.43 for PLTR 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.

You can check out Benzinga's market data in an enhanced view on Benzinga Pro

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment2

  • ray1818
    ·2022-02-27
    don't understand what nonsense is this. PLTR was only listed in late 2020
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  • xiaojn
    ·2022-02-27
    Ok
    Reply
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