If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,100 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 25.7%. A $1000 investment in SPOT 5 years ago would now be worth $3,111.85, highlighting the power of compounded returns.
October 17, 2024 | 3:31 pm
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Spotify Technology has delivered a strong performance over the past 5 years, with an average annual return of 25.7%, outperforming the market. A $1000 investment 5 years ago would now be worth $3,111.85.
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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