Amazon.com Inc. has become one of the most remarkable success stories in stock market history since its IPO in May 1997 at a split-adjusted price of seven cents per share. The company's stock has surged approximately 298,400%, positioning it as a leader in e-commerce with the fourth-largest market cap of any public company. From 2014 to 2024, Amazon's shares increased by over 1,025%, largely driven by its essential role during the COVID-19 pandemic as revenues skyrocketed from $89 billion to $638 billion over the last decade, underpinning its growth potential for the future.
Amazon.com Inc. had its initial public offering in May 1997, initially trading at seven cents per share, and has since experienced a staggering 298,400% increase in stock price.
From 2014 to 2024, shares of Amazon surged by more than 1,025%, significantly driven by pandemic-related demand, highlighting its crucial role in e-commerce during the COVID-19 crisis.
Amazon's revenue increased from $89 billion to $638 billion over the last decade, demonstrating the company's substantial growth and market presence.
Market predictions for Amazon's stock price in 2030 include bullish, bearish, and baseline scenarios based on macroeconomic factors, industry trends, and Amazon's growth metrics.
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