Here's How Much $1000 Invested In NetEase 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
NetEase (NASDAQ:NTES) has outperformed the market over the past 20 years by 11.81% on an annualized basis, producing an average annual return of 19.36%. If an investor had bought $1000 of NTES stock 20 years ago, it would be worth $34,460.73 today.
August 25, 2023 | 7:30 pm
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NetEase has shown strong performance over the past 20 years, outperforming the market by 11.81% on an annualized basis. A $1000 investment 20 years ago would be worth $34,460.73 today.
The news highlights the strong performance of NetEase over the past 20 years, which is likely to boost investor confidence in the company's long-term prospects. This could potentially lead to increased demand for the company's shares, positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100