• Wed. May 8th, 2024

$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today – Okta (NASDAQ:OKTA)

ByBenzinga Insights

Jan 11, 2023
$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today - Okta (NASDAQ:OKTA)

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Okta OKTA has outperformed the market over the past 5 years by 12.53% on an annualized basis producing an average annual return of 19.81%. Currently, Okta has a market capitalization of $10.42 billion.

Buying $100 In OKTA: If an investor had bought $100 of OKTA stock 5 years ago, it would be worth $246.87 today based on a price of $65.05 for OKTA at the time of writing.

Okta’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.

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Image and article originally from www.benzinga.com. Read the original article here.