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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.
Amazon websites are country-specific (for example, amazon.com for the U.S. and amazon.co.uk for UK) though some offer international shipping. [51] Visits to amazon.com grew from 615 million annual visitors in 2008, [52] to more than 2 billion per month in 2022. [citation needed] The e-commerce platform is the 12th most visited website in the ...
Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American conglomerate headquartered in Seattle, Washington.Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1]
Between 1999 and 2001, Amazon's stock fell as much as 95% and didn't return to its 1999 high until 2009. For a time, that drop made it look more like many of the failed online retailers at the time.
Amazon's most recent stock split was in 2022, but it's gone through several. If you were lucky enough to buy a share at its initial public offering (IPO), you'd have a lot more shares today, and ...
The 47 Wall Street analysts who cover Amazon have a consensus “strong buy” rating on the stock, with an average 12-month price target of $208.48. This represents a 16.6% increase over the ...
Shares of Amazon (NASDAQ: AMZN) are up 12% in the last three years, recently surpassing their all-time high, set in 2021. But did you know that the stock has materially underperformed the S&P 500 ...
On July 22, 2009, Amazon announced that it would buy Zappos for $940 million in a stock and cash deal. [ 19 ] [ 20 ] [ 21 ] Owners of shares of Zappos were set to receive approximately 10 million Amazon.com shares, and employees would receive a separate $40 million in cash and restricted stock units. [ 21 ]