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

Rocket Lab (NASDAQ:RKLB) has outperformed the market over the past 5 years by 26.08% on an annualized basis producing an average annual return of 37.83%. Currently, Rocket Lab has a market capitalization of $44.57 billion.

Buying $1000 In RKLB: If an investor had bought $1000 of RKLB stock 5 years ago, it would be worth $4,939.22 today based on a price of $69.70 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.