If You Bought 1 Share of Amazon at Its IPO, Here's How Many Shares You Would Own Now
Amazon (NASDAQ: AMZN) is one of the world's great companies. Its business is so legendary that it's easy to forget that Amazon has existed as a public company for just a couple of decades.Today, let's have a look at how much Amazon has grown since entering the stock market in 1997, and how much investors would have gained in both dollars and shares if they had gotten in on the ground floor with this American corporate titan.Amazon debuted via an initial public offering (IPO) on May 15, 1997. Shares were priced at $18. By the end of that first day of trading, they were changing hands for more than $23. The company's market capitalization stood at $560 million.Continue reading
Amazon (NASDAQ: AMZN) is one of the world's great companies. Its business is so legendary that it's easy to forget that Amazon has existed as a public company for just a couple of decades.
Today, let's have a look at how much Amazon has grown since entering the stock market in 1997, and how much investors would have gained in both dollars and shares if they had gotten in on the ground floor with this American corporate titan.
Amazon debuted via an initial public offering (IPO) on May 15, 1997. Shares were priced at $18. By the end of that first day of trading, they were changing hands for more than $23. The company's market capitalization stood at $560 million.
