Here's How Much You Would Have Made Owning Carvana Stock In The Last 5 Years
Carvana (NYSE:CVNA) has outperformed the market over the past 5 years by 2.48% on an annualized basis producing an average annual return of 15.45%. Currently, Carvana has a market capitalization of $15.36 billion.
Buying $1000 In CVNA: If an investor had bought $1000 of CVNA stock 5 years ago, it would be worth $2,197.60 today based on a price of $128.45 for CVNA at the time of writing.
Carvana'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.