Price History of Amazon: A Look Back at 28 Years of Growth

Amazon, the e-commerce giant, has come a long way since its humble beginnings in 1994. From its initial focus on online book sales, the company has expanded its offerings to include a wide range of products, from electronics and apparel to groceries and household goods. Along the way, Amazon's stock price has also seen significant growth, making it one of the most valuable companies in the world.

Amazon's Stock Price History

Amazon's initial public offering (IPO) was priced at $18 per share in 1997. In the years that followed, the stock price fluctuated somewhat, but it generally trended upward. By 2000, Amazon's stock price had reached a high of $106.25, but it then fell sharply during the dot-com bust. However, the company's stock price recovered in the years that followed, and by 2007, it had reached a new high of $193.18.

The global financial crisis of 2008 caused Amazon's stock price to fall again, but it recovered quickly and reached a new high of $280.51 in 2010. Since then, Amazon's stock price has continued to climb, reaching a high of $3,552.25 in 2021.

Factors Contributing to Amazon's Growth

There are a number of factors that have contributed to Amazon's growth over the years. These include:

• The company's focus on customer service. Amazon has always put the customer first, and this has been a key factor in its success. The company offers a wide range of products and services, and it makes it easy for customers to find what they need and get it delivered to their doorstep.
• Amazon's relentless innovation. Amazon is constantly innovating, and this has helped it to stay ahead of the competition. The company has introduced a number of new products and services over the years, including Amazon Prime, Amazon Web Services (AWS), and Amazon Echo.
• Amazon's strong brand. Amazon has built a strong brand over the years, and this has helped it to attract and retain customers. The company's brand is synonymous with quality, convenience, and innovation.

The Future of Amazon

Amazon is well-positioned for continued growth in the years to come. The company has a strong track record of innovation, and it is constantly expanding its product and service offerings. Amazon is also well-positioned to benefit from the growing trend toward online shopping.

Conclusion

Amazon has come a long way since its humble beginnings in 1994. The company has grown into one of the most valuable companies in the world, and it is well-positioned for continued growth in the years to come. Amazon's success is a testament to the company's focus on customer service, innovation, and brand building.

Common Mistakes to Avoid

There are a few common mistakes that investors should avoid when investing in Amazon. These include:

• Trying to time the market. It is impossible to predict when Amazon's stock price will rise or fall. Investors should focus on the long-term and avoid trying to time the market.
• Investing more than you can afford to lose. Amazon's stock price is volatile, and investors should only invest what they can afford to lose.
• Not diversifying your portfolio. Amazon is a great stock, but it should not be the only stock in your portfolio. Investors should diversify their portfolio by investing in a variety of stocks and bonds.

FAQs

What is Amazon's stock symbol?

AMZN

What is Amazon's market capitalization?

$1.6 trillion

What is Amazon's annual revenue?

$477.5 billion

What is Amazon's net income?

$33.3 billion

What is Amazon's profit margin?

7.0%

What is Amazon's return on equity (ROE)?

17.5%

What is Amazon's debt-to-equity ratio?

25.5%

Tables

Table 1: Amazon's Stock Price History

Table 2: Factors Contributing to Amazon's Growth

Table 3: Common Mistakes to Avoid When Investing in Amazon

Table 4: Amazon's Financial Data