Over the past 5 years, Spotify Technology (SPOT) has outperformed the market with an average annual return of 16.35%, which is 3.56% higher than the market average. The company currently has a market capitalization of $62.30 billion. If an investor had bought $100 of SPOT stock 5 years ago, it would now be worth $213.25 based on the current price of $313.00 per share.
The key takeaway from this information is the importance of compounded returns in growing your investment over time. By understanding how returns accumulate over a period of time, investors can make more informed decisions about their investments and potentially see greater returns.
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