If You Invested $100 In This Stock 20 Years Ago, You Would Have $800 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Biogen (NASDAQ:BIIB) has produced an average annual return of 10.72%, outperforming the market. A $100 investment in BIIB 20 years ago would be worth $766.43 today. Biogen's market capitalization currently stands at $37.79 billion.
December 26, 2023 | 7:00 pm
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Biogen has demonstrated strong long-term performance with an average annual return of 10.72% over the past 20 years, turning a $100 investment into $766.43.
The historical performance of Biogen is likely to instill confidence in investors, potentially leading to a positive short-term impact on the stock price as it highlights the company's strong past performance and could attract long-term investors.
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RELEVANCE 100