What Was Amazon Ipo Price
Surprisingly jeff bezos amazon s founder and current ceo still owns over 11 of the total outstanding shares. The initial public offering ipo was priced at 18 per share.
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Amazon shares have hit record highs multiple times in 2020.
What was amazon ipo price. The initial price was set between 12 14. The ipo raised 54 million for amazon giving the company a market value of 438 million. From 8 28 2017 to 8 31 2018 as impressive as that is original investors in amazon fare even better.
Amazon quickly made its all time low of 1 3125 within months of its initial listing before taking off as the dot com bubble exploded. There have been three stock splits all between 1998. An initial 100 investment in amazon would have given an investor five shares during the company s ipo priced at 18 per share.
Later on it was set at 14 16. The ultimate growth stock amazon first sold shares to the public on may 15 1997. Incredibly amazon s ipo shares were priced at just 1 50.
Amazon closed at again quoting cnet 23 1 2. Captures the details on its issue open date issue close date listing date face value price band issue size issue type and listing date s open price high price low price close price and volume. But investment banks got it to 18.
If you had invested 1 000 during amazon s ipo in may 1997 your investment would be worth. It also captures the holding period returns and annual returns. That was the actual ipo price of amazon back in 1997.
Based on the december 31th 2019 closing price of 1847 84 the original 5 000 investment in amazon s ipo would be worth 6 929 400 00 today.
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