StatspottingFrom the Statspotting archive

· Absolute Shockers · MARKETS · TECHNOLOGY

If You Had Invested One Dollar In Amazon In 1997..

You would have 124 dollars today. We spotted this:

"If you bought in at the first price Amazon started trading at in 1997 and held your shares, you’re up 12,397% (vs. 100% for the Nasdaq)"

Statistics Source: Forbes

If that doesn't sound exciting, try this: to have a million dollars now, you just had to invest 8064 dollars in Amazon stock in 1997.

We have written about Apple stock appreciation under Steve Jobs.

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