$1000 Invested In Shopify 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Shopify (NYSE:SHOP) has delivered an average annual return of 15.04%, outperforming the market by 3.64% on an annualized basis. A $1000 investment in Shopify 15 years ago would be worth $8,092.54 today. Shopify's market capitalization currently stands at $90.64 billion.
November 22, 2023 | 5:00 pm
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Shopify's stock has significantly outperformed the market with a 15-year average annual return of 15.04%, turning a $1000 investment into $8,092.54 today.
The historical performance data provided for Shopify indicates a strong track record of growth, which can positively influence investor sentiment and potentially attract more long-term investors. The emphasis on compounded returns over time may also underscore the company's stability and consistent performance, which could lead to increased investor confidence and a positive short-term impact on the stock price.
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