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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 12/30/2020 |
$2.73 |
$2.78 |
$2.39 |
$2.47 |
30.27M | | 12/31/2020 |
$2.47 |
$2.47 |
$2.47 |
$2.47 |
0 | | 01/04/2021 |
$2.47 |
$2.47 |
$2.47 |
$2.47 |
0 | | 01/05/2021 |
$2.47 |
$2.47 |
$2.47 |
$2.47 |
0 | | 01/06/2021 |
$2.47 |
$2.47 |
$2.47 |
$2.47 |
0 |
 |
| PDL BioPharma is engaged in providing alternative sources of capital through royalty monetizations and debt facilities; acquiring commercial-stage products and launching companies for commercialization of these products; as well as transactions involving late clinical-stage or early commercial-stage therapeutics. Co.'s subsidiary, LENSAR, Inc., is a medical device company focused on delivering femtosecond cataract laser technology used in refractive cataract surgical procedures. Co. also has investment in Evofem Biosciences, Inc., a clinical-stage biopharmaceutical company engaged in developing and commercializing products to address unmet needs in women's sexual and reproductive health. | |
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PDLI (PDLI) has the following price history information. Looking back at PDLI historical stock prices for the last five trading days, on December 30, 2020, PDLI opened at $2.73, traded as high as $2.78 and as low as $2.39, and closed at $2.47. Trading volume was a total of 30.27M shares. On December 31, 2020, PDLI opened at $2.47, traded as high as $2.47 and as low as $2.47, and closed at $2.47. Trading volume was a total of 0 shares. On January 04, 2021, PDLI opened at $2.47, traded as high as $2.47 and as low as $2.47, and closed at $2.47. Trading volume was a total of 0 shares. On January 05, 2021, PDLI opened at $2.47, traded as high as $2.47 and as low as $2.47, and closed at $2.47. Trading volume was a total of 0 shares. On January 06, 2021, PDLI opened at $2.47, traded as high as $2.47 and as low as $2.47, and closed at $2.47. Trading volume was a total of 0 shares.
PDLI Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into PDLI shares, starting with a $10,000 purchase of PDLI, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
06/14/2016 |
|
| End date: |
01/06/2021 |
|
| Start price/share: |
$3.13 |
|
| End price/share: |
$2.47 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-21.09% |
|
| Average Annual Total Return: |
-5.05% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$7,892.54 |
|
| Years: |
4.57 |
|
|
 |
| Date |
Close |
| 12/30/2020 | $2.47 | | 12/31/2020 | $2.47 | | 01/04/2021 | $2.47 | | 01/05/2021 | $2.47 | | 01/06/2021 | $2.47 |
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