Here’s How Much You Would Have Made Owning Block Stock In The Last 10 Years

Block (NYSE:XYZ) has outperformed the market over the past 10 years by 6.76% on an annualized basis producing an average annual return of 20.64%. Currently, Block has a market capitalization of $45.19 billion.

Buying $1000 In XYZ: If an investor had bought $1000 of XYZ stock 10 years ago, it would be worth $6,951.22 today based on a price of $76.51 for XYZ at the time of writing.

Block’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.