$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,600 Today
Portfolio Pulse from Benzinga Insights
Spotify Technology (NYSE:SPOT) has significantly outperformed the market over the past 5 years, with an average annual return of 21.13%. A $1000 investment in SPOT 5 years ago would now be worth $2,626.67, highlighting the power of compounded returns.
September 11, 2024 | 9:00 pm
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Spotify Technology has delivered an impressive 21.13% average annual return over the past 5 years, outperforming the market. A $1000 investment 5 years ago would now be worth $2,626.67.
The article highlights Spotify's strong performance over the past 5 years, with a significant return on investment. This positive historical performance may boost investor confidence and interest in the stock, potentially driving the price up in the short term.
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