$100 Invested In Riot Platforms 5 Years Ago Would Be Worth This Much Today
Portfolio Pulse from Benzinga Insights
Over the past 5 years, Riot Platforms (NASDAQ:RIOT) has achieved an average annual return of 18.44%, outperforming the market by 5.52% annually. With a current market capitalization of $2.69 billion, an investment of $100 in RIOT 5 years ago would now be worth $238.21. This showcases the significant impact of compounded returns on investment growth over time.
May 14, 2024 | 4:00 pm
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POSITIVE IMPACT
Riot Platforms has demonstrated strong performance with an 18.44% average annual return over the past 5 years, significantly outpacing the market. This performance, coupled with its current market cap of $2.69 billion, highlights its growth and potential for investors.
The article directly mentions Riot Platforms' impressive average annual return of 18.44% over the past 5 years, outperforming the market. This strong performance, especially in the context of its current market capitalization, suggests a positive outlook for RIOT's stock price in the short term. The historical data provided supports the potential for continued growth, making it likely that investor interest and confidence in RIOT will remain high.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100