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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/19/2024 $71.00 $71.63 $68.79 $69.67 11.08M
04/22/2024 $70.05 $71.27 $69.32 $70.55 5.91M
04/23/2024 $71.28 $74.59 $71.22 $74.01 9.52M
04/24/2024 $74.40 $74.72 $71.65 $72.26 6.09M
04/25/2024 $70.43 $71.36 $69.57 $70.55 6.76M
Shopify is engaged as a global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Co. makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for buyers everywhere. Merchants use Co.'s software to run their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces.
SHOP historical stock prices picture
Shopify (SHOP) has the following price history information. Looking back at SHOP historical stock prices for the last five trading days, on April 19, 2024, SHOP opened at $71.00, traded as high as $71.63 and as low as $68.79, and closed at $69.67. Trading volume was a total of 11.08M shares. On April 22, 2024, SHOP opened at $70.05, traded as high as $71.27 and as low as $69.32, and closed at $70.55. Trading volume was a total of 5.91M shares. On April 23, 2024, SHOP opened at $71.28, traded as high as $74.59 and as low as $71.22, and closed at $74.01. Trading volume was a total of 9.52M shares. On April 24, 2024, SHOP opened at $74.40, traded as high as $74.72 and as low as $71.65, and closed at $72.26. Trading volume was a total of 6.09M shares. On April 25, 2024, SHOP opened at $70.43, traded as high as $71.36 and as low as $69.57, and closed at $70.55. Trading volume was a total of 6.76M shares.

SHOP Historical Stock Prices By Date:

SHOP historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Shopify shares, starting with a $10,000 purchase of SHOP, and working forward through the historical stock price information to today.

Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/21/2015
End date: 04/25/2024
Start price/share: $2.57
End price/share: $70.55
Dividends collected/share: $0.00
Total return: 2,645.14%
Average Annual Total Return: 44.87%
Starting investment: $10,000.00
Ending investment: $274,575.82
Years: 8.94
Date Close
04/19/2024$69.67
04/22/2024$70.55
04/23/2024$74.01
04/24/2024$72.26
04/25/2024$70.55

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