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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 09/25/2023 |
$17.15 |
$17.30 |
$16.74 |
$16.90 |
157.80K | | 09/26/2023 |
$16.78 |
$16.86 |
$16.30 |
$16.30 |
163.10K | | 09/27/2023 |
$16.43 |
$16.68 |
$16.34 |
$16.59 |
169.90K | | 09/28/2023 |
$16.54 |
$16.86 |
$16.52 |
$16.60 |
121.90K | | 09/29/2023 |
$16.83 |
$17.14 |
$16.80 |
$17.06 |
154.40K |
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| MeridianLink is a software and services company. Co.'s lending software solutions include: MeridianLink One, which is a unified, cloud-native software-as-a-service platform; Point of Sale System, in which Co. provides a Point of Sale system that allows financial institutions to expand existing lending and deposit account origination platforms to online consumers while ensuring control of the entire online application experience; Account Opening Software, in which provides a cloud-based online account opening and deposit software solution; and Collection Software, in which Co. provides a web-based debt collection software that helps customers manage delinquencies. | |
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MeridianLink (MLNK) has the following price history information. Looking back at MLNK historical stock prices for the last five trading days, on September 25, 2023, MLNK opened at $17.15, traded as high as $17.30 and as low as $16.74, and closed at $16.90. Trading volume was a total of 157.80K shares. On September 26, 2023, MLNK opened at $16.78, traded as high as $16.86 and as low as $16.30, and closed at $16.30. Trading volume was a total of 163.10K shares. On September 27, 2023, MLNK opened at $16.43, traded as high as $16.68 and as low as $16.34, and closed at $16.59. Trading volume was a total of 169.90K shares. On September 28, 2023, MLNK opened at $16.54, traded as high as $16.86 and as low as $16.52, and closed at $16.60. Trading volume was a total of 121.90K shares. On September 29, 2023, MLNK opened at $16.83, traded as high as $17.14 and as low as $16.80, and closed at $17.06. Trading volume was a total of 154.40K shares.
MLNK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MeridianLink shares, starting with a $10,000 purchase of MLNK, 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: |
07/28/2021 |
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| End date: |
09/29/2023 |
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| Start price/share: |
$24.60 |
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| End price/share: |
$17.06 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-30.65% |
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| Average Annual Total Return: |
-15.50% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$6,935.67 |
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| Years: |
2.17 |
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| Date |
Close |
| 09/25/2023 | $16.90 | | 09/26/2023 | $16.30 | | 09/27/2023 | $16.59 | | 09/28/2023 | $16.60 | | 09/29/2023 | $17.06 |
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