Ciena (NYSE:CIEN) has outperformed the market over the past 5 years by 2.54% on an annualized basis producing an average annual return of 15.15%. Currently, Ciena has a market capitalization of $12.11 billion.
Buying $1000 In CIEN: If an investor had bought $1000 of CIEN stock 5 years ago, it would be worth $2,025.56 today based on a price of $85.20 for CIEN at the time of writing.
Ciena’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.
