$1000 Invested In This Stock 20 Years Ago Would Be Worth $7,200 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Biogen (NASDAQ:BIIB) has delivered an average annual return of 10.34%, outperforming the market. A $1000 investment in Biogen 20 years ago would be worth $7,221.38 today. The company currently has a market capitalization of $35.73 billion. The article highlights the impact of compounded returns on investment growth over time.
December 11, 2023 | 9:30 pm
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Biogen has shown strong long-term performance with an average annual return of 10.34% over the past 20 years, turning a $1000 investment into $7,221.38 today.
The historical performance data provided is positive, indicating a strong long-term track record for Biogen. However, past performance is not indicative of future results, and the information provided does not include any forward-looking statements or current market conditions that would directly impact the short-term price movement of BIIB stock.
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