Here's How Much $100 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 20.42% on an annualized basis, producing an average annual return of 29.07%. If an investor had bought $100 of SHOP stock 5 years ago, it would be worth $359.68 today.
September 19, 2023 | 4:30 pm
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Shopify's stock has significantly outperformed the market over the past 5 years, with an average annual return of 29.07%.
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 boost investor confidence in the stock, potentially leading to increased demand and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100