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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/06/2024 |
$22.92 |
$23.13 |
$22.46 |
$22.58 |
183.50K | 09/09/2024 |
$22.63 |
$24.00 |
$22.63 |
$23.98 |
402.30K | 09/10/2024 |
$24.00 |
$24.00 |
$23.52 |
$23.54 |
181.00K | 09/11/2024 |
$23.34 |
$23.48 |
$22.60 |
$22.62 |
241.00K | 09/12/2024 |
$22.80 |
$23.32 |
$22.70 |
$23.29 |
145.80K |
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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 06, 2024, MLNK opened at $22.92, traded as high as $23.13 and as low as $22.46, and closed at $22.58. Trading volume was a total of 183.50K shares. On September 09, 2024, MLNK opened at $22.63, traded as high as $24.00 and as low as $22.63, and closed at $23.98. Trading volume was a total of 402.30K shares. On September 10, 2024, MLNK opened at $24.00, traded as high as $24.00 and as low as $23.52, and closed at $23.54. Trading volume was a total of 181.00K shares. On September 11, 2024, MLNK opened at $23.34, traded as high as $23.48 and as low as $22.60, and closed at $22.62. Trading volume was a total of 241.00K shares. On September 12, 2024, MLNK opened at $22.80, traded as high as $23.32 and as low as $22.70, and closed at $23.29. Trading volume was a total of 145.80K 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: |
09/12/2024 |
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Start price/share: |
$24.60 |
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End price/share: |
$23.29 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-5.33% |
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Average Annual Total Return: |
-1.73% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,468.63 |
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Years: |
3.13 |
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Date |
Close |
09/06/2024 | $22.58 | 09/09/2024 | $23.98 | 09/10/2024 | $23.54 | 09/11/2024 | $22.62 | 09/12/2024 | $23.29 |
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