Here's How Much You Would Have Made Owning Riot Platforms Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Riot Platforms (NASDAQ:RIOT) has outperformed the market with an annualized return of 25.32%, averaging 38.03% annually. With a current market cap of $2.16 billion, a $100 investment in RIOT 5 years ago would now be worth $448.15. This showcases the impact of compounded returns on investment growth over time.
February 06, 2024 | 7:30 pm
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POSITIVE IMPACT
Riot Platforms has significantly outperformed the market over the last 5 years, with an impressive average annual return of 38.03%, growing a $100 investment to $448.15.
The substantial outperformance of Riot Platforms compared to the market, as evidenced by its 25.32% annualized return and the significant growth of a hypothetical $100 investment, highlights the company's strong performance and potential attractiveness to investors. This could lead to increased investor interest and potentially a positive impact on the stock price in the short term.
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