The stock market is rising and Amazon was marking a milestone of its own. From Yahoo! Finance:

The company went public exactly 20 years ago as an unprofitable online bookstore that was just three years old. Few investors could have foreseen that it would gain about 50,000% in the two decades after its initial public offering. One thousand dollars invested at the closing price on Amazon’s IPO day would be worth over $491,000 on Monday, based on the stock’s price in early trading.

5 15 17 amazon COTD
5 15 17 amazon COTD

(Business Insider/Andy Kiersz, data from Yahoo Finance)

$491,000? No problem, just find the next Amazon. Simple!


Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From Houston's MIX 96-5 Happy Hour
Stalking From The Eyes Of A Victim

Listen Live