"Amazon, the internet goliath that revolutionized the way much of the world shops for books, toilet paper and TVs, hit a new milestone Tuesday. Its stock surpassed the $1,000 mark for the first time.
That price put Amazon's market value at about $478 billion, double that of the world's biggest traditional retailer, Wal-Mart, and more than 15 times the size of Target. A $1,000 investment on Amazon's first day of trading in 1997 would be worth more than $500,000 today."
http://hosted.ap.org/dynamic/stories/U/US_AMAZON_1K_STOCK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2017-05-30-11-55-52
That price put Amazon's market value at about $478 billion, double that of the world's biggest traditional retailer, Wal-Mart, and more than 15 times the size of Target. A $1,000 investment on Amazon's first day of trading in 1997 would be worth more than $500,000 today."
http://hosted.ap.org/dynamic/stories/U/US_AMAZON_1K_STOCK?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2017-05-30-11-55-52