$100 Invested In Shopify 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Shopify (NYSE:SHOP) has outperformed the market by 24.61% on an annualized basis, producing an average annual return of 34.15%. If an investor had bought $100 of SHOP stock 10 years ago, it would be worth $1,876.88 today. Shopify's market capitalization is currently $68.44 billion.
October 13, 2023 | 5:30 pm
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Shopify's stock has shown strong performance over the past 10 years, with an average annual return of 34.15%. This historical performance may attract investors looking for long-term growth.
The article highlights the strong historical performance of Shopify's stock, which has outperformed the market by 24.61% on an annualized basis over the past 10 years. This information is highly relevant and important for investors, as it provides insight into the stock's potential for long-term growth. The confidence in this analysis is high, as the data is based on historical performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100