Benzinga - by Benzinga Insights, Benzinga Staff Writer.
PDD Holdings (NASDAQ:PDD) has outperformed the market over the past 5 years by 35.04% on an annualized basis producing an average annual return of 48.47%. Currently, PDD Holdings has a market capitalization of $203.16 billion.
Buying $1000 In PDD: If an investor had bought $1000 of PDD stock 5 years ago, it would be worth $7,126.16 today based on a price of $146.29 for PDD at the time of writing.
PDD Holdings'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.
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