If You’d Invested $5,000 in Amazon in 2015, This Is How Much You Would Have Today
Amazon (NASDAQ:AMZN) has generated massive multibagger gains since its initial public offering (IPO) on May 15, 1997. The stock went public at $18, or a split-adjusted price of $1.50 per share. If you had invested just $5,000 in that IPO, your stake would be worth nearly $11.4 million today.
Investors might be kicking themselves for missing out on those life-changing returns, but Amazon has also generated multibagger gains for investors who bought shares long after it became the 800-pound gorilla of the e-commerce market. In fact, a $5,000 investment in Amazon on the first trading day of 2015 would still be worth about $55,000 today.
Let’s see why Amazon experienced such a growth spurt over the past seven years, and if that momentum will continue in the future.
Image source: Amazon.
What happened in 2015?
2015 marked an inflection point for Amazon because the company finally started breaking out Amazon
