$100 Invested In This Stock 5 Years Ago Would Be Worth $200 Today
Portfolio Pulse from Benzinga Insights
Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years, producing an average annual return of 17.81%. A $100 investment in SPOT 5 years ago would be worth $228.22 today. The article highlights the impact of compounded returns on cash growth.
May 15, 2024 | 6:30 pm
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Spotify Technology has shown strong performance over the past 5 years, with an average annual return of 17.81%. A $100 investment 5 years ago would now be worth $228.22, highlighting the power of compounded returns.
The article highlights Spotify's strong performance and the significant growth of a $100 investment over 5 years. This positive historical performance is likely to boost investor confidence and could lead to a short-term price increase.
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