$100 Invested In This Stock 5 Years Ago Would Be Worth $700 Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Riot Platforms (NASDAQ:RIOT) has significantly outperformed the market, with an average annual return of 45.68%. A $100 investment in RIOT 5 years ago would be worth $656.05 today. Riot Platforms currently has a market cap of $2.13 billion. The article highlights the impact of compounded returns on investment growth over time.
January 19, 2024 | 8:30 pm
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POSITIVE IMPACT
Riot Platforms has provided an impressive average annual return of 45.68% over the past 5 years, turning a $100 investment into $656.05 today.
The historical performance of Riot Platforms is likely to instill confidence in investors, potentially attracting more interest in the stock. The significant outperformance compared to the market could lead to a positive short-term impact on RIOT's stock price as investors may anticipate continued strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100