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Amazon stock was priced at $18 at IPO, but split-adjusted, the price for that first share would be $0.075. If you had bought one share at IPO, you'd have 240 shares today. Those shares would be ...
Amazon stock has been on an upward trajectory since day one. Here's a look at Amazon's Q3 results and what you need to consider before buying its stock.
In March 2000, its stock reached a price $1,305 per share, but by 2002 the price had declined to $2 a share. [4] Blue Coat Systems (formerly CacheFlow): Its stock price rose over 400% on its first day of trading in November 1999. Boo.com: An online clothing retailer, it spent $188 million in just six months. It filed for bankruptcy in May 2000. [5]
In an effort to make it more accessible to more investors, Amazon stock underwent a 20-for-1 split in June of 2022. All told, one share of Amazon purchased right at its IPO would be 240 shares today.
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Amazon's Board approved the 20-for-1 stock split announced in March at the 2022 Annual Meeting of Shareholders on May 25. The split will enable more investors to afford to invest in Amazon, and it...
Amazon's stock price looks different today as the stock split took effect. Amazon's board approved the 20-for-1 stock split announced in March at the 2022 Annual Meeting of Shareholders on May 25.
The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2] After the dot-com bubble burst on March 11, 2000, several companies that Amazon had invested in went bankrupt, with Amazon's stock price itself sinking to record lows. [3]