Thursday, May 25, 2017
Here's how rich you'd be if you invested $1,000 in Amazon when it first went public on May 15, 1997.
Few investors could have foreseen that it would gain about 50,000 per cent in the two decades after its initial public offering, according to a Yahoo! Finance report. One thousand dollars invested at the closing price on Amazon's IPO day would be worth over $491,000 on May 15, 2017, based on the stock's price in early trading.
Image: Business Insider/Andy Kiersz, data from Yahoo Finance