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Here's How Much $100 Invested In Spotify Technology 5 Years Ago Would Be Worth Today

Author: Benzinga Insights | June 19, 2024 01:00pm

Spotify Technology (NYSE:SPOT) has outperformed the market over the past 5 years by 3.01% on an annualized basis producing an average annual return of 16.54%. Currently, Spotify Technology has a market capitalization of $61.69 billion.

Buying $100 In SPOT: If an investor had bought $100 of SPOT stock 5 years ago, it would be worth $206.54 today based on a price of $309.90 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.

Posted In: SPOT