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If You Invested $1000 In This Stock 10 Years Ago, You Would Have $6,400 Today

Benzinga ·  Oct 17 14:33

Marvell Tech (NASDAQ:MRVL) has outperformed the market over the past 10 years by 8.7% on an annualized basis producing an average annual return of 20.4%. Currently, Marvell Tech has a market capitalization of $70.33 billion.

Buying $1000 In MRVL: If an investor had bought $1000 of MRVL stock 10 years ago, it would be worth $6,367.84 today based on a price of $81.19 for MRVL at the time of writing.

Marvell Tech's Performance Over Last 10 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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