What Was Amazon Stock Price in 1997?

When it comes to the stock market, Amazon is one of the biggest players. It has been around since 1997 and has grown to become one of the largest technology companies in the world.

Despite this, many people are still unaware of what its stock price was back in 1997.

In its first year of trading on the Nasdaq Stock Exchange, Amazon had a starting price of $18 per share. This was a high risk investment at that time as the company was still in its infancy and had yet to make any significant profits. However, investors who were brave enough to take a chance on Amazon were rewarded as the stock rose rapidly over the next few years, reaching an all-time high of $107.68 per share in December 1999.

In 2000, however, Amazon’s stock price began to decline as the dot-com bubble burst and tech stocks plummeted across the board. By 2001, Amazon’s stock price had dropped down to $15 per share. From there it slowly recovered until it reached a peak of $107.73 per share in October 2007.

Today, Amazon’s stock price is much higher than it was back in 1997 with shares currently trading at around $3,200 per share. This reflects not only how far Amazon has come since then but also just how profitable it has become over time.

Conclusion: In 1997, Amazon’s stock price was $18 per share and today it is trading around $3200 per share reflecting its success and profitability over time.