Here's How Much $100 Invested In GameStop 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, GameStop (NYSE:GME) has produced an average annual return of 10.31%, outperforming the market by 2.79% annually. A $100 investment in GME 20 years ago would be worth $709.39 today. The company's current market capitalization stands at $4.45 billion. The article highlights the impact of compounded returns on investment growth over time.
January 22, 2024 | 7:30 pm
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NEUTRAL IMPACT
GameStop's stock has shown strong performance over the past 20 years with an average annual return of 10.31%, indicating a positive long-term investment outcome.
The historical performance data provided is retrospective and does not necessarily indicate future performance. However, the positive long-term return could maintain investor interest and potentially support the stock's stability in the short term.
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