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.
This content was generated by Benzinga’s automated content engine and has been reviewed by an editor. Market news and data are provided by Benzinga APIs. Please note that Benzinga does not offer investment advice, and all rights to the content are reserved by Benzinga.com.
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