Amazon.com held its initial public offering on May 15, 1997, selling shares at $18 each on the Nasdaq stock exchange under the ticker symbol AMZN and raising approximately $54 million. The offering came three years after founder Jeff Bezos incorporated the company as an online bookstore, and it provided capital Amazon used to expand from books into a broader online retail catalog through the late 1990s. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
Facts
Event TypeInitial public offering 1 Connections
Associated With
Source Wikipedia, History of Amazon
Amazon's 1997 IPO funded the growth of one of the e-commerce industry's defining companies from an online bookseller into a broad retail platform.
Source Wikipedia, E-commerce
Amazon's initial public offering on May 15, 1997, priced at 18 dollars per share on the Nasdaq, financed the company's early growth as an online retailer.
Source Wikipedia, History of Amazon
Source Wikipedia, History of Amazon
Source Wikipedia, Amazon (company)
Companies Involved
Source Wikipedia, History of Amazon
Sources
1. Wikipedia, History of Amazon
WikipediaOnline bookstore and IPO
Amazon issued its initial public offering of capital stock on May 15, 1997, at $18 per share, on the NASDAQ stock exchange under the symbol AMZN.
- Associated With: Finance
- Companies Involved: Amazon
View the Source Wikipedia, Amazon (company)
Wikipedia, E-commerce
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