Amazon (AMZN) stock came public on May 15, 1997. It opened for trading at $2.44. If you put $1,000 into it on the open, you'd have bought 410 shares. And you'd be down by 42% in your first 7 days of owning the stock. But if you held on, your 410 shares would now be worth $1,330,983.02.
If You Bought the Amazon IPO...
If You Bought the Amazon IPO...
If You Bought the Amazon IPO...
Amazon (AMZN) stock came public on May 15, 1997. It opened for trading at $2.44. If you put $1,000 into it on the open, you'd have bought 410 shares. And you'd be down by 42% in your first 7 days of owning the stock. But if you held on, your 410 shares would now be worth $1,330,983.02.