$100 Invested In Shopify 10 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 10 years, Shopify (NYSE:SHOP) has significantly outperformed the market with an average annual return of 39.98%, turning a $100 investment into $2,868.20 today. Shopify's market capitalization currently stands at $93.85 billion.

April 10, 2024 | 5:00 pm
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Shopify has delivered an impressive average annual return of 39.98% over the past decade, significantly outperforming the market.
Shopify's remarkable performance over the last 10 years, with an average annual return of 39.98%, highlights its strong growth and market outperformance. This historical data is a positive indicator for investors, suggesting that Shopify has been a valuable asset in a diversified portfolio. The significant increase in investment value from $100 to $2,868.20 demonstrates Shopify's potential for high returns. Given this performance history, the short-term impact on Shopify's stock could be positive as it may attract more investors looking for growth stocks with a proven track record.
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RELEVANCE 100