If You Invested $1000 In This Stock 5 Years Ago, You Would Have $2,100 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 16.11%. A $1000 investment in SPOT 5 years ago would be worth $2,127.95 today. The article highlights the impact of compounded returns on cash growth.
July 26, 2024 | 4:30 pm
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Spotify Technology has shown strong performance over the past 5 years with an average annual return of 16.11%. A $1000 investment 5 years ago would now be worth $2,127.95.
The article highlights Spotify's strong historical performance, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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