Here's How Much You Would Have Made Owning Spotify Technology Stock In The Last 5 Years
Portfolio Pulse from Benzinga Insights
Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years with an average annual return of 20.67%, resulting in a significant growth in investment value. A $1000 investment in SPOT 5 years ago would now be worth $2,529.38.
August 27, 2024 | 5:00 pm
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Spotify Technology has shown strong performance over the past 5 years, outperforming the market with a 20.67% average annual return. This highlights the power of compounded returns.
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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