$1000 Invested In This Stock 20 Years Ago Would Be Worth $6,100 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Biogen (NASDAQ:BIIB) has produced an average annual return of 9.48%, outperforming the market. A $1000 investment in BIIB 20 years ago would be worth $6,114.80 today. Biogen's market capitalization currently stands at $36.66 billion.
January 11, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Biogen has demonstrated strong long-term performance with an average annual return of 9.48% over the past 20 years, turning a $1000 investment into $6,114.80.
The historical performance of Biogen is impressive and showcases the company's long-term growth. However, past performance is not indicative of future results, and this retrospective analysis may not have a direct short-term impact on the stock price. Investors may view this positively, but it is more of a reflection on past performance rather than a predictor of future performance.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100