$100 Invested In Rocket Lab 5 Years Ago Would Be Worth This Much Today

Rocket Lab (NASDAQ:RKLB) has outperformed the market over the past 5 years by 21.21% on an annualized basis producing an average annual return of 32.34%. Currently, Rocket Lab has a market capitalization of $32.84 billion.

Buying $100 In RKLB: If an investor had bought $100 of RKLB stock 5 years ago, it would be worth $413.16 today based on a price of $54.11 for RKLB at the time of writing.

Rocket Lab’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.