Here's How Much $1000 Invested In Shopify 15 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Shopify (NYSE:SHOP) has significantly outperformed the market over the past 15 years, with an annualized return of 19.69%. A $1000 investment in Shopify 15 years ago would now be worth $14,964.08. This highlights the power of compounded returns over time.
October 15, 2024 | 3:00 pm
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Shopify has outperformed the market with a 19.69% annualized return over 15 years, turning a $1000 investment into $14,964.08. This demonstrates the power of compounded returns.
The article highlights Shopify'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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