Here's How Much $1000 Invested In Biogen 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Biogen (NASDAQ:BIIB) has produced an average annual return of 9.84%, outperforming the market by 2.35% annually. A $1000 investment in Biogen 20 years ago would be worth $6,647.15 today. Biogen's current market capitalization stands at $33.56 billion.
November 16, 2023 | 8:00 pm
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Biogen has demonstrated strong long-term performance with an average annual return of 9.84% over the past 20 years, turning a $1000 investment into $6,647.15.
The historical performance data of Biogen is a reflection of its past and does not necessarily predict future results. However, the strong past performance may positively influence investor perception in the short term, although it is not a direct indicator of future stock movement.
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