Here's How Much $1000 Invested In Shopify 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Over the past 15 years, Shopify (NYSE:SHOP) has delivered an average annual return of 15.57%, outperforming the market by 3.25% annually. A $1000 investment in SHOP 15 years ago would now be worth $8,780.63. Shopify's market capitalization currently stands at $75.71 billion.
May 13, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Shopify has demonstrated significant growth over the past 15 years, with a $1000 investment growing to $8,780.63, reflecting an annual return of 15.57%.
The substantial growth in investment value over 15 years highlights Shopify's strong market performance and potential for continued growth. This historical performance, coupled with a significant market capitalization, suggests a positive outlook for Shopify's stock in the short term, likely attracting investor interest and potentially driving up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100