If You Invested $100 In This Stock 20 Years Ago, You Would Have $700 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, GameStop (NYSE:GME) has produced an average annual return of 10.01%, outperforming the market by 2.66% on an annualized basis. A $100 investment in GME 20 years ago would be worth $670.95 today. The company currently has a market capitalization of $4.34 billion.
January 18, 2024 | 3:32 pm
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GameStop's stock has shown strong long-term performance with a 10.01% average annual return over 20 years, significantly outperforming the market.
The historical performance of GameStop's stock is impressive, but past performance is not indicative of future results. The information is more of a reflection on the company's past rather than a predictor of future performance. Therefore, while the data is relevant and important for historical analysis, it may not have a direct short-term impact on the stock price.
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