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Star Bulk Carriers SBLK has outperformed the market over the past 5 years by 5.83% on an annualized basis producing an average annual return of 17.3%. Currently, Star Bulk Carriers has a market capitalization of $2.56 billion.
Buying $100 In SBLK: If an investor had bought $100 of SBLK stock 5 years ago, it would be worth $228.36 today based on a price of $24.96 for SBLK at the time of writing.
Star Bulk Carriers’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.