If You Had Invested One Dollar In Amazon In 1997..November 16, 2011 8:26 pm
You would have 124 dollars today. We spotted this:
“If you bought in at the first price Amazon started trading at in 1997 and held your shares, you’re up 12,397% (vs. 100% for the Nasdaq)”
Statistics Source: Forbes
If that doesn’t sound exciting, try this: to have a million dollars now, you just had to invest 8064 dollars in Amazon stock in 1997.
We have written about Apple stock appreciation under Steve Jobs.