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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
09/25/2023 |
$1.44 |
$1.46 |
$1.42 |
$1.45 |
1.36M | 09/26/2023 |
$1.43 |
$1.48 |
$1.43 |
$1.43 |
1.77M | 09/27/2023 |
$1.43 |
$1.47 |
$1.40 |
$1.41 |
3.69M | 09/28/2023 |
$1.40 |
$1.42 |
$1.35 |
$1.39 |
2.24M | 09/29/2023 |
$1.39 |
$1.53 |
$1.39 |
$1.46 |
2.06M |
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Desktop Metal is engaged in manufacturing technologies focused on Additive Manufacturing 2.0, the volume production of end-use parts. Co. provides a portfolio of integrated additive manufacturing solutions comprised of hardware, software, materials and services with support for metals, polymers, elastomers, ceramics, sands, composites, wood and biocompatible materials. Co.'s solutions span use cases across the product life cycle, from product development to mass production and aftermarket operations, and it addresses an array of industries, including automotive, healthcare and dental, consumer products, heavy industry, aerospace, machine design and research and development. | |
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Desktop Metal (DM) has the following price history information. Looking back at DM historical stock prices for the last five trading days, on September 25, 2023, DM opened at $1.44, traded as high as $1.46 and as low as $1.42, and closed at $1.45. Trading volume was a total of 1.36M shares. On September 26, 2023, DM opened at $1.43, traded as high as $1.48 and as low as $1.43, and closed at $1.43. Trading volume was a total of 1.77M shares. On September 27, 2023, DM opened at $1.43, traded as high as $1.47 and as low as $1.40, and closed at $1.41. Trading volume was a total of 3.69M shares. On September 28, 2023, DM opened at $1.40, traded as high as $1.42 and as low as $1.35, and closed at $1.39. Trading volume was a total of 2.24M shares. On September 29, 2023, DM opened at $1.39, traded as high as $1.53 and as low as $1.39, and closed at $1.46. Trading volume was a total of 2.06M shares.
DM Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Desktop Metal shares, starting with a $10,000 purchase of DM, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/06/2019 |
|
End date: |
09/29/2023 |
|
Start price/share: |
$9.70 |
|
End price/share: |
$1.46 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-84.95% |
|
Average Annual Total Return: |
-34.96% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$1,504.81 |
|
Years: |
4.40 |
|
|
 |
Date |
Close |
09/25/2023 | $1.45 | 09/26/2023 | $1.43 | 09/27/2023 | $1.41 | 09/28/2023 | $1.39 | 09/29/2023 | $1.46 |
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