If You Invested $1,000 In Amazon Stock When It Launched First Prime Day, Here's How Much You'd Have Now
Portfolio Pulse from Chris Katje
Amazon.com, Inc. (NASDAQ:AMZN) launched its first Amazon Prime Day on July 15, 2015. Since then, the stock has performed well, with a $1,000 investment in Amazon stock on its first Prime Day now worth $5,470.40, representing a return of 447% over the last eight years. In comparison, the SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, is up 108.1% over the same time period, not including dividends.
July 11, 2023 | 3:04 pm
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POSITIVE IMPACT
Amazon's stock has seen a significant increase since the first Prime Day in 2015, with a $1,000 investment then now worth $5,470.40.
The news highlights the strong performance of Amazon's stock since the launch of its Prime Day in 2015. This could potentially attract more investors to the stock, driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The SPDR S&P 500 ETF Trust, which tracks the S&P 500, is up 108.1% over the same time period as Amazon's stock.
The news mentions the performance of the SPDR S&P 500 ETF Trust as a comparison to Amazon's stock. This could potentially influence investors' decisions regarding this ETF.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50