Amazon stock price has sky rocked since its 2007 IPO. Amazon stock price closed at $20.75 its first day trading. A $1,000 investment in Amazon during its IPO at a value of $1.50 a share would be worth $220,000 today. In case you check my math, you must take in consideration the stock splits throughout the years. This stellar growth can be attributed to the strategic genius, Jeff Bezos. What makes Amazon’s case interesting is their business model. They have been growing at such a rapid pace and have made some many strategic long-term plays. There is no doubt in my mind that Amazon will continue to thrive, but I have doubts about continued growth. On thing that is for sure is that Bezos has his work cut out for him.
Sources:Why Amazon Is Becoming A Growth Trap What If You Had Invested $1,000 in These Internet IPOs?