$1000 Invested In Nike 15 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
$1000 invested in Nike (NYSE:NKE) 15 years ago would now be worth $7,179.52, showcasing an average annual return of 13.71% and outperforming the market by 1.57% on an annualized basis. Nike's current market capitalization stands at $143.35 billion.
April 26, 2024 | 2:00 pm
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A $1000 investment in Nike 15 years ago would be worth $7,179.52 today, reflecting an average annual return of 13.71% and outperforming the market.
The significant growth in investment value over 15 years, coupled with an average annual return that outpaces the market, highlights Nike's strong performance and potential attractiveness to investors. This historical performance may positively influence investor sentiment and Nike's stock price in the short term.
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