If You Invested $100 In This Stock 10 Years Ago, You Would Have $2,800 Today
Portfolio Pulse from Benzinga Insights
Over the past decade, Shopify (NYSE:SHOP) has significantly outperformed the market, yielding an average annual return of 39.29%. An initial investment of $100 in SHOP stock 10 years ago would be worth $2,781.15 today. Shopify's market capitalization currently stands at $92.58 billion.
December 07, 2023 | 5:30 pm
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Shopify's stock has provided exceptional returns over the past 10 years, with an investment of $100 growing to $2,781.15 today.
The historical performance of Shopify's stock is indicative of the company's strong growth and market outperformance. This track record can positively influence investor sentiment and potentially attract long-term investors, which might lead to a short-term positive impact on the stock price.
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