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$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,200 Today

Benzinga ·  Apr 18 01:30

Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years by 5.01% on an annualized basis producing an average annual return of 16.34%. Currently, Spotify Technology has a market capitalization of $58.66 billion.

Buying $1000 In SPOT: If an investor had bought $1000 of SPOT stock 5 years ago, it would be worth $2,176.06 today based on a price of $295.77 for SPOT at the time of writing.

Spotify Technology's Performance Over Last 5 Years

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Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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