When Amazon first went public in 1997, its stock was priced at just $18 per share.
From that modest beginning, the online retail giant has seen its stock skyrocket, despite a rocky period during the dot-com crash.
The company’s stock has reached the four-digit mark, hitting a new high of $2,185.10 per share on Feb.
Who bought Amazon stock in 1997?
In that world, Buffett decided to put say $50 million in company on Thursday, May 15, 1997 — the day Amazon it debuted on the Nasdaq. Today, that same stake would be worth $24.4 billion as the company’s shares have grown some 488 times.
How much would I have if I invested $1000 in Amazon?
Still, if you had invested $1,000 in Amazon in February 2009, your initial outlay would be worth more than $23,600 as of February 2019, according to CNBC calculations. That’s an increase of more than 2,000 percent.
What was the price of Amazon stock in 1999?
Amazon’s split-adjusted share price
If you had bought 100 shares of Amazon at its initial public offering (IPO) price of $18 a share – for a total of $1800 – and kept them all during the splits from June 1998 to September 1999, you would now have 1200 shares in Amazon.
What was Amazon stock worth in 1995?
Jeff Bezos’ parents invested $245,573 in Amazon in 1995 — now they could be worth $30 billion (AMZN) Jeff Bezos’ parents, Jackie and Mike Bezos, invested $245,573 in Amazon in 1995. Now their investment could be worth as much as $30 billion, Bloomberg estimates. That would be a 12,000,000% return on their investment.
Is Amazon stock a good buy?
Amazon stock remains a good buy, as we’ll get to. However, there are two caveats: Only investors who are long-term focused should consider buying shares. Investors should build their full position by dollar-cost averaging — investing the same dollar amount at some set time interval, such as quarterly.
Does Amazon pay a dividend?
Despite climbing to a market capitalization above $900 billion, with over $230 billion in annual revenue, Amazon still does not pay a dividend to shareholders. Rather than return cash to shareholders, Amazon continues to plow its cash flow back into the business.