Stock FAQs

how much was amazon stock in 1998

by Morris Spinka Sr. Published 3 years ago Updated 2 years ago
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$85.68

What was the original price of Amazon stock?

Amazon (AMZN) returned 970.9% in 1998.

What price did Amazon stock start at?

Dec 16, 1998 · Amazon soars on $400 target December 16, 1998: 2:38 p.m. ET Shares of pioneering online retailer surge 19% as Wall St. boosts target price

How much does Amazon stock cost?

Sep 05, 2018 · If you had invested $1,000 during Amazon’s IPO in May 1997, your investment would be worth $1,362,000 as of September 4, according to CNBC calculations. That’s better than the so-called FAANG ...

How much does Amazon share cost?

Dec 31, 1998 · Day traders thrive on Internet stocks' volatility - Dec. 25, 1998 Amazon soars on $400 target - Dec. 16, 1998 RELATED SITES Check the tech stocks Note: Pages will open in a new browser window...

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What would $1000 invested in Amazon in 1997 be worth today?

$2 millionAs our chart illustrates, an initial investment of $1,000, enough to buy 55 shares at a price of $18 in May 1997, would now be worth more than $2 million.Jul 5, 2021

What was Amazon stock price in 1999?

The closing price for Amazon (AMZN) in 1999 was $76.13, on December 31, 1999. It was up 39.4% for the year. The latest price is $3,022.44.

What was the price of Amazon stock in 1997?

The closing price for Amazon (AMZN) in 1997 was $5.02, on December 31, 1997. It was up 106% for the year. The latest price is $3,298.83.

What was Amazon's market cap in 1999?

$25 billionBut from another perspective, Amazon was more than 10 times bigger: Its market cap as of mid-November 1999 was close to $25 billion, compared with about $1.5 billion for Barnes & Noble.

What was Amazon stock price in 2004?

The closing price for Amazon (AMZN) in 2004 was $44.29, on December 31, 2004. It was down 16.1% for the year. The latest price is $3,296.16.

How many times has Amazon stock split since 1997?

Three stock splits But they haven't been in the company's most recent history. They all happened in the period of 1998 through 1999. The last took place on Sept. 2, 1999.Mar 14, 2022

How much will Amazon stock be worth in 10 years?

According to Coin Price Forecast, Amazon was predicted to rise over the next eight years. The data provider forecast that the average Amazon share price could rise to $3,283 by the end of 2022, $3,481 in 2023, $3,875 in 2024, $4,298 in 2025, $5,154 in 2026, $5,994 in 2027, $6,440 in 2028 and $6,717 in 2029.Feb 24, 2022

Does Jeff Bezos have 200 billion dollars?

According to Forbes, which tracks the real-time wealth of the world's richest people, Jeff Bezos — the founder of Amazon.com, and owner of the Washington Post and aerospace company Blue Origin — had a net worth of $197.6 billion as of the end of trading on Oct. 27. So yes, close to $200 billion.Oct 28, 2021

Who bought Amazon in 1997?

When Amazon was still a new book-selling company in 1997, the couple bought two shares for their 12-year-old son. Mary and Larry's son Ryan wanted to cash in the stock after a few years but they insisted that he should hold them. The family has likely seen a six-digit return on their investment.Apr 18, 2021

What was Amazon worth in 2001?

Compare AMZN With Other StocksAmazon Historical Annual Stock Price DataYearAverage Stock PriceAnnual % Change200216.481774.58%200112.2008-30.46%200046.5500-79.56%22 more rows

How much would I have if I invested $1000 in Amazon?

If you had invested $1,000 in Amazon.com you would have approximately $218,793.08 today.Mar 19, 2022

When did Amazon hit a billion?

The company finally turned its first profit in the fourth quarter of 2001: $0.01 (i.e., 1¢ per share), on revenues of more than $1 billion.

When did Amazon IPO?

Is Amazon a bookstore?

From IPO date to 8/31/2018. Amazon is not only crushing the competition from other grocery stores; it continues to reign supreme in retail as well. Since its IPO in May 1997, Amazon has gained over 134,000 percent, far surpassing other competitors.

When did Amazon go public?

It’s also worth noting that Amazon began as an online bookstore before it grew and diversified. Barnes & Noble, another book retailer, has seen the value of its stock go down nearly by half. From 5/15/1997 to 8/31/2018.

When did Amazon start cloud computing?

The business went public on the Nasdaq stock exchange in March 1997, with a starting price of $18 per share. Three stock splits were carried out in the first two years of listing. Amazon stock performance for the period was not remarkable, and so were the company’s fortunes for the first few years after the firm went public.

What is Amazon marketplace?

Amazon pioneered cloud computing in 2006, but it took some years for the product’s earning potential to kick in and this is now one of the company’s biggest revenue earners; Expansion of its customer base to include large businesses and government (CIA chose Amazon over IBM for its $600m cloud computing project).

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