$1000 Invested In This Inventory 5 Years In the past Would Be Value This A lot At this time – Spotify Know-how (NYSE:SPOT)

Spotify Know-how SPOT has outperformed the market over the previous 5 years by 7.69% on an annualized foundation producing a mean annual return of 20.74%. Presently, Spotify Know-how has a market capitalization of $141.95 billion.

Shopping for $1000 In SPOT: If an investor had purchased $1000 of SPOT inventory 5 years in the past, it will be value $2,561.85 at this time based mostly on a worth of $689.80 for SPOT on the time of writing.

Spotify Know-how’s Efficiency Over Final 5 Years

Lastly — what is the level of all this? The important thing perception to take from this text is to notice how a lot of a distinction compounded returns could make in your money progress over a time period.

This text was generated by Benzinga’s automated content material engine and reviewed by an editor.