Here's How Much You Would Have Made Owning GameStop Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Over the past 5 years, GameStop (NYSE:GME) has outperformed the market with an annualized return of 24.58%, averaging 36.29% annually. An investment of $1000 in GME stock 5 years ago would be worth $4,638.54 today. GameStop's market capitalization stands at $3.11 billion, highlighting the significant impact of compounded returns on investment growth over time.
April 15, 2024 | 6:30 pm
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GameStop's stock has significantly outperformed the market over the last 5 years, with an investment of $1000 growing to $4,638.54 today.
The substantial growth in GameStop's stock value over the past 5 years, as detailed in the article, suggests a positive outlook for investors. The historical performance, coupled with a significant average annual return, indicates a strong investment potential and could lead to increased investor interest and a positive short-term impact on GME's stock price.
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