If You Invested $1000 In This Inventory 5 Years In the past, You Would Have This A lot At present – Spotify Expertise (NYSE:SPOT)

Spotify Expertise SPOT has outperformed the market over the previous 5 years by 7.82% on an annualized foundation producing a median annual return of 21.54%. Presently, Spotify Expertise has a market capitalization of $141.98 billion.

Shopping for $1000 In SPOT: If an investor had purchased $1000 of SPOT inventory 5 years in the past, it will be price $2,742.92 at present based mostly on a worth of $689.99 for SPOT on the time of writing.

Spotify Expertise’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 frame.

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