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If you had invested that same amount on the first day of its shares trading on the stock market, on May 15, 1997, you'd have been up more than $2 million! Those days are over, but Amazon isn't.
Amazon issued its initial public offering of capital stock on May 15, 1997, at $18 per share, trading under the NASDAQ stock exchange symbol AMZN. [ 21 ] Barnes & Noble sued Amazon on May 12, 1997, alleging that Amazon's claim to be "the world's largest bookstore" was false because it "...wasn't a bookstore at all.
It took a while, but e-commerce giant Amazon (NASDAQ: AMZN) finally topped its all-time high, last seen in 2021. You might be nervous since the broader market has continued to rip higher, a ...
In this view, Amazon stock felt affordable after the subprime meltdown of 2008-2009 and again as the cloud computing segment turned profitable in the mid-2010s, but Amazon also depleted its cash ...
The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]
Amazon (NASDAQ: AMZN) is one of the best-performing stocks of all time, up more than 200,000% since its IPO in 1997. A $1,000 investment back then would have turned into more than $2 million today ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn’t one of them. The 10 stocks that made the cut ...
Matching the past three decades' worth of gains would be difficult, but the stock doesn't have to repeat that amazing feat to be worth owning now.