Here’s How Much You Would Have Made Owning Marvell Tech Stock In The Last 5 Years
Money

Here’s How Much You Would Have Made Owning Marvell Tech Stock In The Last 5 Years

Apr 03, 2024

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 5 years by 15.53% on an annualized basis producing an average annual return of 28.15%. Currently, Marvell Tech has a market capitalization of $64.97 billion.

Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 5 years ago, it would be worth $3,499.07 today based on a price of $75.02 for MRVL at the time of writing.

Marvell Tech’s Performance Over Last 5 Years

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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.