1. Amazon Went Public 20 Years Ago Today — Here's How Much its Earliest Investors Have Earned

    Amazon Went Public 20 Years Ago Today — Here's How Much its Earliest Investors Have Earned

    On May 15, 1997, Amazon, then an online bookstore, went public.

    The company's stock has seen a stunning 36% compounded annual gain since then.

    Amazon closed at $961.35 on Friday, giving the company a market value of about $466.2 billion. Its split-adjusted stock price close at $1.96 on day one is now 490 times more...

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