$1000 Invested In This Stock 5 Years Ago Would Be Worth $6,700 Today
Portfolio Pulse from Benzinga Insights
Moderna (NASDAQ:MRNA) has significantly outperformed the market with an average annual return of 46.67% over the past 5 years. An investment of $1000 in MRNA stock 5 years ago would be worth $6,684.71 today. Moderna's market capitalization currently stands at $43.33 billion.
January 09, 2024 | 2:30 pm
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Moderna's stock has provided exceptional returns over the past 5 years, with an investment of $1000 growing to $6,684.71, reflecting a strong performance in the biotechnology sector.
The historical performance of Moderna's stock as detailed in the article suggests a strong track record, which could continue to attract investors looking for growth stocks in the biotech sector. The impressive past performance may positively influence investor sentiment in the short term, potentially leading to an increase in stock price.
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