Here's How Much $1000 Invested In Cytokinetics 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Cytokinetics (NASDAQ:CYTK) has produced an average annual return of 22.88%, outperforming the market by 12.46% annually. With a current market capitalization of $7.76 billion, a $1000 investment in CYTK 10 years ago would now be worth $8,041.62.
February 27, 2024 | 6:30 pm
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Cytokinetics has shown remarkable growth over the past decade with an average annual return of 22.88%, significantly outperforming the market.
The significant outperformance of Cytokinetics compared to the market, as evidenced by its 22.88% average annual return over 10 years, suggests a strong growth trajectory. This historical performance, coupled with a substantial market capitalization of $7.76 billion, indicates a positive outlook for CYTK, likely attracting more investors and potentially driving the stock price up in the short term.
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