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.
Facts
Event TypeInitial public offering 1 Cross-Tradition Connections
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