Spotify Technology SPOT has outperformed the market over the past 5 years by 4.36% on an annualized basis producing an average annual return of 16.66%. Currently, Spotify Technology has a market capitalization of $59.28 billion.
Buying $100 In SPOT: If an investor had bought $100 of SPOT stock 5 years ago, it would be worth $220.87 today based on a price of $297.80 for SPOT at the time of writing.
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.
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