Here's How Much $1000 Invested In Shopify 5 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 21.92% on an annualized basis, producing an average annual return of 31.34%. If an investor had bought $1000 of SHOP stock 5 years ago, it would be worth $3,949.93 today.
August 10, 2023 | 8:00 pm
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Shopify's stock has significantly outperformed the market over the past 5 years, providing an average annual return of 31.34%.
The article highlights the strong performance of Shopify's stock over the past 5 years, which has significantly outperformed the market. This positive performance is likely to have a positive impact on the stock's short-term price as it demonstrates the company's ability to generate value for its shareholders.
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