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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$7.59 |
$7.93 |
$7.56 |
$7.90 |
1.34M | 04/22/2024 |
$7.98 |
$8.14 |
$7.78 |
$8.09 |
943.90K | 04/23/2024 |
$8.06 |
$8.37 |
$8.06 |
$8.20 |
1.17M | 04/24/2024 |
$8.15 |
$8.27 |
$8.08 |
$8.19 |
1.51M | 04/25/2024 |
$8.06 |
$8.12 |
$7.91 |
$8.02 |
598.00K |
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LendingClub is a bank holding company. Through its wholly-owned subsidiary, LendingClub Bank, National Association, Co. operates as a digital marketplace bank. Co.'s primary consumer products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans. Co.'s commercial lending business includes commercial and industrial loans, commercial real estate loans, small business loans, and equipment loans and leases. For consumer depositors, Co. provides checking accounts, savings accounts, and certificates of deposit. Co. also provides a range of small business accounts, including checking accounts and U.S. Small Business Administration lending programs. | |
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LendingClub (LC) has the following price history information. Looking back at LC historical stock prices for the last five trading days, on April 19, 2024, LC opened at $7.59, traded as high as $7.93 and as low as $7.56, and closed at $7.90. Trading volume was a total of 1.34M shares. On April 22, 2024, LC opened at $7.98, traded as high as $8.14 and as low as $7.78, and closed at $8.09. Trading volume was a total of 943.90K shares. On April 23, 2024, LC opened at $8.06, traded as high as $8.37 and as low as $8.06, and closed at $8.20. Trading volume was a total of 1.17M shares. On April 24, 2024, LC opened at $8.15, traded as high as $8.27 and as low as $8.08, and closed at $8.19. Trading volume was a total of 1.51M shares. On April 25, 2024, LC opened at $8.06, traded as high as $8.12 and as low as $7.91, and closed at $8.02. Trading volume was a total of 598.00K shares.
LC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into LendingClub shares, starting with a $10,000 purchase of LC, 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: |
12/12/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$123.45 |
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End price/share: |
$8.02 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-93.50% |
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Average Annual Total Return: |
-25.30% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$649.66 |
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Years: |
9.37 |
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Date |
Close |
04/19/2024 | $7.90 | 04/22/2024 | $8.09 | 04/23/2024 | $8.20 | 04/24/2024 | $8.19 | 04/25/2024 | $8.02 |
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