Amazon Stock: From Bookstore to Tech Titan

Amazon Stock: From Bookstore to Tech Titan

Amazon Stock

The Rise of Amazon Stock: A Mini Story

In 1997, Amazon went public at $18 per share. Many investors were skeptical—could an online bookstore really succeed? But founder Jeff Bezos had a grand vision: to build 'the everything store.'

Despite early struggles, Amazon's stock began to climb as the company expanded into music, electronics, and cloud computing (AWS). The dot-com crash hit hard, but Amazon survived while others failed.

By the 2010s, Amazon became a tech giant. Its stock split multiple times, and innovations like Prime, Alexa, and Amazon Web Services drove growth. In 2020, the COVID-19 pandemic accelerated e-commerce, sending Amazon's stock soaring past $3,000 per share.

Today, Amazon is a trillion-dollar company, proving that long-term vision and adaptability can turn a simple online bookstore into a global powerhouse. Investors who believed in Bezos' dream early reaped incredible rewards.

Moral of the story: Sometimes, the boldest ideas—backed by execution—create the greatest returns. �📈

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