Sunday, August 26, 2012

Amazon.com Hits an All-Time High

Amazon.com (AMZN) hit a new all-time high of $246.87 on Friday, 02012.08.25. I bought a 100 shares of AMZN on 02001.12.24 at $9.46. Sadly, I've sold off 90 of the shares over the last 11 years. The ten shares that we still own, which I have no plans to ever sell, are up 2,450%.

It appears AMZN started trading on 01997.05.16. It closed on its first day of trading at $1.73 (adjusted for splits: 2:1 on 01998.06.02; 3:1 on 01999.01.05; 2:1 on 01999.09.02). Great dot-com heyday example: In 01999, Amazon.com split their stock twice.

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