Amazon Stock History, Everything you need to know| North Loop Official Blog
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19 Oct 2020

Amazon Stock History, Everything you need to know

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Amazon- Background and Overview

Amazon Inc is an American multinational corporation, focusing on a wide range of retail (e-commerce), cloud computing, AI (artificial intelligence), Over-The-Top streaming services, music, web-services, and a whole lot more. Amazon is an established household brand and has its presence around the world. The company, with Jeff Bezos at the forefront of the brand, is one of the few companies to hit the Trillion-Dollar benchmark.
The company started off as just an online marketplace for books, but slowly expanded into a wide range of products or services. Amazon now has a strong workforce of over a million employees globally and has served over 190 million customers.
Despite the impact of the coronavirus pandemic on the stock markets and businesses worldwide, Amazon on the contrary has actually made the most of the changing consumer behavior, shifting from physical purchasing trends to online shopping trends.
Amazon has created a very strong brand name for itself, making their stocks one of the few secure investment avenues for undemanding investors.


At the time of writing the article, the stock price today of AMZN stock NASDAQ is $3,272.71. Amazon shares fall into the renowned FAANG stocks bracket, the category of shares a more laid-back set of investors look into for more prospective and stable returns.
The stock price today is influenced by a variety of reasons such as market volatility, the ratio of bulls to bears as well as the overall performance of the company.
Amazon, being a bluechip company guarantees investors steady growth and security based on just brand value and recognition.Amazon has hit nearly $89 billion in net sales during the second quarter, implying a strong 40% rise, year over year. Amazon year-on-year revenue pertaining to AWS (Amazon Web Services) alone has seen an increase of close to 29% whereas the subscription-based service (Prime Video) has seen an increase of 29% as well. Within the eCommerce space, Amazon has a 49% market share in the United States whereas, in the cloud computing space, AWS is the leading company with a 33% market share.
Amazon, with its rapid growth in the price of stocks, sees absolutely no signs of slowing down yet, Amazon has never paid a dividend to its shareholders.

Amazon premarket price- The Amazon shares during the premarket opened at $3,303.33, seeing a lot of volatility in the stock price.

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Amazon stock history-

The Amazon stock history has been making rounds all over the news, with the price increasing from $1898 to over $3000 today, considering just the Year-To-Date (YTD) statistics. Over the past 5 years, the stock price has increased from $599, seeing a significant multifold growth over the years. Amazon roughly sees a volume of over 1 million shares being traded during the market hours.
Stock split history- Amazon has made news with their record-breaking stock split strategies, having split stocks 3 times, once in 1998 and twice in 1999.
A portfolio of $10,000 in Amazon shares during their IPO would be worth $12 million in 2020.

How to Invest in Amazon Stocks-

With a stock futures forecast (1-year average price target) of $3,758.06, Amazon stocks are popular among investors looking to invest in blue-chip stocks. With that, it brings us to the next question- How to invest in Amazon Stocks?
First, you would need to calculate the amount of money you’d like to invest in Amazon stocks. After this step, you need to choose an online broker, post which you can load funds into the broker’s portal and place a buy order and purchase the shares.

Buy AMZN stock directly-

You can buy AMZN stocks directly from North Loop, offering over 3000+ shares with an option to buy fractional shares of your favorite companies starting from just $1. Open an account with North Loop and experience a world of Commission-free stock trading. Click here to know more about investing in the US stock market.

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This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended be advice. You must obtain professional advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax, investment or other professional advice from North Loop or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. All opinions expressed do not reflect the views of North Loop nor are endorsed by North Loop.