Here's How Much You Would Have Made Owning Snap Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Snap Inc. (NYSE:SNAP) has outperformed the market with an average annual return of 25.43%, resulting in an 11.54% higher annualized return compared to the market. A $1000 investment in SNAP 5 years ago would now be worth $3,249.03. Snap's market capitalization currently stands at $27.91 billion.
December 21, 2023 | 3:00 pm
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Snap Inc. has demonstrated strong performance over the past 5 years with an average annual return of 25.43%, significantly outperforming the market.
The historical performance of Snap Inc. is indicative of its growth and potential for continued success. Investors may view this positive track record as a sign of good management and a strong business model, which could lead to increased investor confidence and a potential rise in stock price in the short term.
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