Don't forget to get to know all the Imposters cast members during the premiere February 7 at 10/9c. Related Content 7 Things We Learned from the First 12 Minutes of Imposters
Back when the company had its IPO in 1997, Amazon was pretty much just an online bookstore. The company sold its shares for just $18 to raise $54 million at a valuation of $438 million. Today, it takes Amazon about two days to raise that much cash (based on its 2016 free cash flow). If you had been able to buy $2,000 of Amazon's IPO and held on to it for the past 20 years, you'd be sitting on about $1,136,000 in Amazon stock today. That's a return of 56,821%, or an average of around 37% annually.
Amazon.com Inc.'s stock surged 0.8% in midday trade Wednesday, to lift its market value above Microsoft Corp. for the first time, according to data provided by WSJ Market Data Group. With a market capitalization of $704.38 billion, Amazon is now the third move valuable U.S. company, just above 4th-place Microsoft at $701.91 billion.