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$10,000 invested in Amazon on its debut day is worth a staggering amount of money today. When Amazon went public on May 15, 1997, the benchmark S&P 500 closed at 841.88.
Amazon‘s game-changing IPO in 1997 provided the capital and credibility needed to drive the company‘s ambitious expansion plans. In this article, I‘ll take a detailed look at Amazon‘s IPO and analyze how it enabled the company‘s incredible growth.
Twenty years after Amazon.com’s initial public stock offering, the once-shaky company has locked in its role as one of the technology world’s dominant giants.
On May 15, 1997, Amazon, then an online bookstore, went public. The company's stock has seen a stunning 36% compounded annual gain since then.
SEATTLE, WA (May 14, 1997)-- Amazon.com, Inc. (NASDAQ: AMZN) announced today the initial public offering of 3,000,000 shares of its Common Stock at a price of $18 per share. Deutsche Morgan Grenfell Inc. is acting as lead manager and Alex.
On May 15, 1997, a money-losing online bookstore went public on the Nasdaq in an IPO that valued it at a modest $438 million. Twenty years later, that little startup — called Amazon.com —...
1997. Before Alexa, Prime, and reasonably quick internet, Amazon filed to go public. Back then, Amazon was a simpler entity. Its S-1 is plain about what it did back then: “Amazon.com is the...
Just a few years after it was launched, Amazon ventured onto the stock market, with its shares traded publicly for the first time in May 1997. The company was one of many online businesses to...
Amazon.com (AMZN) first sold shares to the public on May 15, 1997, ending the day with a market value of $438 million. At the time, the company was an online bookseller, although CEO Jeff...
After Jeff Bezos first launched Amazon in his garage, here’s a timeline of how the company grew from an online bookseller to a major part of our everyday lives.